Saskatchewan Cannabis Sales

The cannabis market in Saskatchewan (SK) currently exhibits a unique position within the Canadian landscape. As of October 2024, Saskatchewan reported total cannabis sales amounting to $15.06 million, with an average item price of $21.89. This represents a month-over-month sales growth of 4.6% and a unit growth of 4.5%. However, the year-over-year metrics show a decline, with sales dropping by 9.1% and unit sales by 4.1%. This suggests a market that, while recovering in the short term, has faced challenges over the past year that have impacted its overall growth trajectory.

In contrast to the national trend where some provinces like Alberta and Ontario are seeing modest growth or decline, Saskatchewan's market dynamics are characterized by a higher average price point but a steeper decline in year-over-year growth. This indicates a potentially higher market volatility and a shifting consumer base that could be reacting to external economic factors or internal market shifts.