Alberta Cannabis Sales

Apr, 2024
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Cannabis Market Data

Overview

The Alberta cannabis market has demonstrated a resilient growth pattern, with sales reaching $76.01 million in April 2024, a modest year-over-year growth of 4.7%. Despite a slight month-over-month sales decline of 1.0%, the market has seen a significant increase in unit sales, up 15.0% from the previous year. This indicates a growing consumer base and increased product accessibility. Average item prices have seen a decrease from $23.76 in April 2023 to $21.64 in April 2024, suggesting that consumers are becoming more price-sensitive or that the market is becoming more competitive.

$75.97M

Apr, 2024

Sales

4.7 %

Year Over Year

Growth

Data Snapshot May 03, 2024

Market Comparison

When compared to other markets in Canada, Alberta's cannabis market is robust, with sales outperforming British Columbia's $59.89 million and Saskatchewan's $15.80 million in April 2024. However, it trails behind Ontario's market size of $158.86 million. Alberta's year-over-year growth rate of 4.7% is notably higher than Ontario's -0.8% and British Columbia's -12.6%, and far surpasses Saskatchewan's -16.6%. This indicates that Alberta's market is not only growing but also outpacing several other provinces in terms of growth.

Alberta Weed Prices

Product
Apr, 2024
YoY
Flower (Gram)
$10.22
Flower (Eighth)
$24.28
Edible (10mg)
$5.23
Concentrate (Gram)
$33.18
Top Strain
Sativa Only
| State | Total Sales (Millions) | MoM Sales Growth | YoY Sales Growth | Avg. Item Price | |-------|------------------------|------------------|------------------|-----------------| | [AB](https://www.headset.io/markets/alberta) | $76.01 | -1.0% | 4.7% | $21.64 | | [BC](https://www.headset.io/markets/british-columbia) | $59.89 | -0.8% | -12.6% | $21.49 | | [ON](https://www.headset.io/markets/ontario) | $158.86 | -1.5% | -0.8% | $21.80 | | [SK](https://www.headset.io/markets/saskatchewan) | $15.80 | -2.1% | -16.6% | $20.86 |
Data Snapshot May 03, 2024

Category Performance

Category
Apr, 2024
YoY
$
25.2
M
9.3
%
$
21.72
M
-5.2
%
$
16.69
M
11.3
%
$
4.52
M
-7.2
%
$
3.41
M
8.6
%
$
1.49
M
10.4
%
$
0.88
M
39.7
%
$
0.39
M
0.0
%

Focusing on the Capsules category, it stands out with a remarkable year-over-year sales growth of 40.2% and a unit growth of 20.1%, despite a month-over-month sales decline of 5.5%. This trend suggests a growing consumer interest in this form of consumption. Within this category, the Hybrid segment has shown an exceptional year-over-year sales increase of 125.9% and unit growth of 63.7%, highlighting its popularity.

| Brand Name | Total Sales (Millions) | Total Units | Average Item Price | |------------|------------------------|-------------|---------------------| | [Ovis](https://www.headset.io/brands/ovis) | $0.073 | 5625 | $13.00 | | [Redecan](https://www.headset.io/brands/redecan) | $0.055 | 2820 | $19.41 | | [Emprise Canada](https://www.headset.io/brands/emprise-canada) | $0.028 | 714 | $39.36 | | [Tweed](https://www.headset.io/brands/tweed) | $0.016 | 458 | $35.29 | | [Ollopa](https://www.headset.io/brands/ollopa) | $0.002 | 121 | $18.32 |
Data Snapshot May 03, 2024

Top Cannabis Brands in Alberta

Market Trends

Product Category Market Share In Alberta

Monthly Cannabis Sales

Historical Cannabis Sales In Alberta

Alberta Cannabis Reports

Report
June 27, 2023

Canadian cannabis overview: a look at the last 5 years of recreational sales

This report provides insight into sales growth, pricing, brand development, and product innovation within Canada.
Report
February 9, 2021

Canada cannabis sales: A close look at recent trends

his report explores sales trends in Canada, specifically sales since November 2020.
Report
August 4, 2020

The current state of Canada’s Cannabis 2.0 products

Data for this report comes from real-time sales reporting by participating cannabis retailers via their point-of-sale systems, which are linked up with Headset’s business analytics software.

Alberta Cannabis News

Blog
April 21, 2023

A look at last year's 4/20

A recap of last year's 4/20 sales trends across US and Canada.
Blog
August 1, 2022

5 rising cannabis Beverage brands in the US & Canada

With so many new products entering the Beverages category, we compiled a list of a few rising stars that have been turning heads.
User rating
AB
Canadian

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