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Saskatchewan Cannabis Sales
Feb, 2025
Overview
The cannabis market in Saskatchewan has demonstrated consistent growth with a notable increase in both sales and unit growth year over year. As of February 2025, the average item price in SK has seen a slight decrease to $21.43 from $22.23 in January 2025, aligning with a broader trend of price stabilization across the market. Total sales for February 2025 amounted to approximately $14.97 million, with a total of 698,441 units sold. Despite a month-over-month sales decline of 12.7%, the market has grown by 5.3% compared to the previous year, indicating a resilient expansion amidst fluctuating monthly figures.
Feb, 2025
Sales
Year Over Year
Growth
Market Comparison
When comparing Saskatchewan's market to other provinces like Ontario and Alberta, SK shows a smaller total sales volume but a competitive growth rate. Ontario, with a total sales of approximately $164.68 million and a year-over-year growth of 13.0%, and Alberta, with sales of $76.89 million and a growth of 6.7%, both have larger markets but similar growth trajectories. The average item price in SK remains higher than in other provinces, suggesting a market that can sustain higher pricing due to consumer preferences or less competitive pressure.
Category Performance
The Concentrates category in Saskatchewan is particularly interesting due to its divergent trends compared to the overall market. In February 2025, the category saw a significant year-over-year growth of 22.4% in sales and 30.9% in units sold, despite a month-over-month sales drop of 18.8%. The average item price slightly decreased to $31.93 from $32.18 in January 2025. Notably, segments like Rosin and Shatter have shown impressive growth rates of 91.1% and 53.3% respectively in sales year over year.
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