The monthly increase is the biggest gain since cannabis was legalized in Canada in October 2018, while the July figure represents an annualized run rate of $2.78 billion. The StatsCan data indicated that all 10 provinces and all three territories reported a monthly sales jump in July for the second straight month. Ontario led the country with $60.3 million in cannabis sales in July, up 23.5% from June, while Alberta and Quebec were not far behind with $51.8 million and $43.9 million sold respectively.
On a daily purchase rate, sales were up significantly – over 11% in July from the prior month.
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