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New OCS data report showcases progress of legal cannabis industry

May 14, 2024  By The Ontario Cannabis Store


Toronto — Today, the Ontario Cannabis Store (OCS) published Ontario Cannabis Marketplace: By the Numbers, a new resource designed for all adult Ontarians interested in learning more about the progress being made in Ontario’s legal cannabis industry.

The By the Numbers data report builds on previous OCS insights publications to demonstrate the span and scope of retail cannabis operations across Ontario, and the growth in access to legal cannabis over time. The data-driven, graphic-rich report conveys dozens of legal market metrics in an easily digestible way.

Each section of the OCS’s By the Numbers data report focuses on a different component of Ontario’s legal cannabis sector, including consumer access, wholesale distribution in Ontario, legal product assortment, legal product sales and consumer behaviour. The report contains relevant facts and figures for the 2023 calendar year, as well as year-over-year (YoY) historical data from 2022.

Notable insights from 2023 include:

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  • Consumer access to legal cannabis grew with 80 net new Authorized Cannabis Stores being added to the 353 participating municipalities across the province
  • Ontario’s network of Authorized Cannabis Stores sold more than 338 million grams of cannabis (23.3 per cent YoY increase) valued at more than $1.9 billion (12.1 per cent YoY increase)
  • The OCS added more than 1,000 unique products from Canadian Licensed Producers to its growing catalogue of tested, traceable recreational cannabis merchandise

Going forward, the OCS plans to update and publish Ontario Cannabis Marketplace: By the Numbers twice per year. Explore the 2023 data report and other OCS publications at OCS.ca/Publications.

Quotes:

“As the largest wholesale distributor of legal cannabis in the world, the OCS is proud to deliver comprehensive data aimed at informing Ontarians and supporting industry partners as we enable Canada’s largest and most vibrant cannabis marketplace.”  — David Lobo, President and CEO, OCS

“We remain committed to expanding safe access to legal recreational cannabis products and enriching a frictionless customer experience for our growing network of Authorized Cannabis Stores. The OCS’s By the Numbers data report is one way of reporting back to Ontarians important progress made in these areas.” — Alexandre Jalleau, Chief Customer Experience Officer, OCS


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