According to Statistics Canada, before legalization in October 2018, Nova Scotia was leading the country in cannabis consumption among adults with 23% of residents reporting that they used cannabis.

Nova Scotia has a government-run retail model. The Nova Scotia Liquor Corporation is the only authorized retailer of cannabis in the province. The Crown corporation which manages cannabis in the province, started off with 12 retail cannabis locations on October 17, 2018 and as of October 2022, there were 45 locations across the province and online store.

Like most other provinces and territories NS is raising the minimum age to possess, purchase, and consume cannabis to 19 years old.

Nova Scotia currently gets its supply from 38 licensed producers based in the province as well as from producers based in P.E.I., New Brunswick, Ontario and Alberta.

Nova Scotia’s cannabis industry generated about $95.5 million of sales in 2021, which amounts to about 3% of the legal cannabis consumed in Canada.

Data collected by Statistics Canada show that retail sales in Nova Scotia reached over $8 million in December 2020, then fluctuated and decreased to $7 million in February 2022 and picked $9.1 million in July. Total sales reached about $95.5 million in 2021 and 2022 brought in $104.6 million, peaking in December at almost $10 million.

Nova Scotia Cannabis Market Infographics

Cannabis Cultivation Business Plan Sample, Nova Scotia (Open Book)

We also offer cannabis business plan templates for other countries.