By 420 Intel on Wednesday, 31 August 2022
Category: Business News - 420 Intel

BC bought $420 million worth of Legal Cannabis last year

British Columbians purchased nearly 85 thousand kilograms of legal cannabis last year, spending more than $420 million.

The BC LDB’s newest annual report—dated July 26, 2022 but released this final week of August—attributes this 28% increase in cannabis sales from the past year to an increase in retail outlets, increased product selection, and a declining consumer price. 

From March 31, 2021—March 31, 2022, the province added 98 new private cannabis stores and eight new public BC Cannabis Stores (BCCS).

Cannabis sales continue to be dominated by dried flower, pre-rolls, and extracts and concentrates, accounting for 91.5% of all cannabis sales in the province. 

Original link
(Originally posted by Cannabis News)

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