Newfoundland is trying so as to add extra hashish retail shops and enhance supply occasions for on-line orders
Breadcrumb Trail Links
More than $ 4.5 million in cannabis products were purchased in Newfoundland and Labrador in January 2021, up nearly 50 percent from January 2020.
Author of the article:
Photo by ALICE CHICHE / AFP via Getty Images
Last year, cannabis buying habits in Newfoundland and Labrador reflected growth across the country, peaking last December before declining in the first month of 2021.
According to CBC, sales in Newfoundland and Labrador have increased despite long delivery times and a strike that affected more than half of the province’s 30 cannabis retailers.
Bruce Keating, President and CEO of Newfoundland and Labrador Liquor Corporation (NLC), believes this dynamic will continue as the NLC works to add more retail stores and improve lead times for online orders.
Canada has more than $ 2.6 billion in retail cannabis sales in 2020
Canadians retailed $ 282 million in cannabis in the first month of 2021
Ontario to speed up the pace of cannabis business approvals
Keating told CBC that the NLC plans to increase the number of retail stores by 50 percent.
Even if most of the stores are concentrated in the St. John metropolitan area, about 98 percent of the legal cannabis bought in the province last year was not sold online but in person.
Currently it can take up to nine days for an online order to arrive, but up to 21 days during the pandemic.
Keating said plans are underway to store cannabis products in a provincial distribution center, which will allow the NLC to “guarantee delivery within 48 hours anywhere in the province.”
This would bring it in line with the Ontario Cannabis Store, the country’s largest cannabis distributor, which currently offers same-day and express delivery, but only in select regions. In remote areas of the province, delivery may take up to 10 days.
In January 2021, the last month on record by Statistics Canada, more than $ 4.5 million in cannabis products were purchased in Newfoundland and Labrador, up nearly 50 percent from January 2020.
We apologize, but this video could not be loaded.
Subscribe to Weekend Dispensary, a new weekly newsletter from The GrowthOp.