Canada adult-use marijuana sales down 7.1% monthly to CA$395.5M in January

Monthly retail sales of legal adult-use marijuana in Canada declined by 7.1% from December 2022 to January 2023, to 395.5 million Canadian dollars ($287 million).

Canadian cannabis sales grew 14.1% on an annual basis from January 2022, according to retail sales data released Friday by Statistics Canada.

Month-over-month recreational cannabis sales declined in every province except Saskatchewan, where sales grew 12.6% over December’s total to CA$19.1 million.

Sales in Ontario – Canada’s most valuable market – declined by 9.5% from December to CA$155 million.

In the remaining provinces, monthly marijuana sales and month-over-month changes were as follows:

Sales in Yukon territory declined 12.7% to CA$843,000.

Statistics Canada did not report cannabis sales for the Northwest Territories and Nunavut.

The sales total for December was unrevised at CA$425.9 million, a monthly record.

Canadians spent CA$4.5 billion on legal recreational cannabis in…