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March Brings Record Surge in Retail Cannabis Sales
Retail cannabis sales in Canada saw a modest increase in March 2025, rising to $428.4 million from $408.2 million in February. This represents a steady upward movement, marking continued growth in the industry, especially when compared to the $406.8 million in March 2024.
This year-over-year increase reflects a broader trend that began in August 2024, with retail cannabis sales consistently climbing each month since then. While the industry experienced some turbulence earlier in 2024 with a few months of year-over-year declines, recent data shows renewed strength and stability in the market.
For most of the past two years, monthly retail cannabis sales across Canada have remained within the $400 to $500 million range.
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