ontario cannabis stores

Ontario cannabis stores could do more than $1.25 million in sales per month

Experts are predicting that cannabis stores in Ontario are going to make a ton of money when they open next week (well, those that do open next week). 

Brock University professor Michael Armstrong says that Ontario cannabis stores could pull in over a million a month, if using Quebec stores' $900,000 a month as an estimate. 

"If [a store] opens next week and they do $2 million in sales, it wouldn't surprise me," he told CBC News

However, others are disputing these estimates, saying the number could be higher.

Olivia Brown, a consultant in Hamilton, points out that illegal dispensaries in the city could bring in $80,000 per day. Extrapolated to a full 30-day month, that's about $2.4 million, give or take. 

These numbers can vary wildly, obviously, depending on each store. Location, product offerings, and more will all dictate success in a field currently untested in Ontario's markets (in any official manner, that is). 

Either way, it's a lot of money, more than your local dealer made before legalization, probably. 

Lead photo by

@cannabisfixture


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in City

What's open and closed on Victoria Day 2024 in Toronto

The breathtaking Mast Trail in Toronto follows a 200-year-old logging route

Moore Park Ravine is an escape from the city in midtown Toronto

The history of what was once Toronto's grandest mansion

This is how Toronto celebrated Victoria Day over 100 years ago

You can take in breathtaking valley views along the Vista Rouge Trail in Toronto

Downsview Park in Toronto is a massive urban park around an artificial lake

Canada is seeing one of the worst standard-of-living declines in 40 years