PEI

Cannabis sales top $3.5M on P.E.I. in first 11 weeks

Sales at P.E.I.’s retail cannabis stores topped $3.5 million in the first 11 weeks since opening last October.

Only 3 P.E.I. Cannabis stores were open during first quarter

Some of the first purchases made at the P.E.I. Cannabis store in Charlottetown. (Steve Bruce/CBC)

Sales at P.E.I.'s retail cannabis stores topped $3.5 million in the first 11 weeks since opening last October.

P.E.I. Cannabis released its first quarter sales on Wednesday for the period of Oct. 17 to Dec. 31, 2018.

Only three of the province's four retail outlets were open during that period. The store in O'Leary is scheduled to open on Friday.

Total sales of $3,509,913 were in line with P.E.I. Cannabis's budget, which was developed using estimates prepared by the federal government and Statistics Canada, according to a news release.

Despite the supply constraints felt across the country, P.E.I. Cannabis was able to maintain supply and avoid store closures and widespread product shortages that other jurisdictions have experienced since cannabis became legalized in Canada, the release said.

More P.E.I. news

Comments

To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.

By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.

Become a CBC Member

Join the conversation  Create account

Already have an account?

now