Canadian Cannabis : Online Retail Survey

Our survey of the online stores of the four largest Canadian provinces (Ontario, Quebec, British Columbia and Alberta) reveals that product availability has significantly improved in the last month. Not only has the number of product lines on offer continued to grow (to 425 up from 342 one month ago) but also their availability has increased to 69% from 63%.
Whereas a month ago, Canopy Growth was underperforming in terms of product listing and availability, it has improved significantly and is now not only the one LP offering products across the 4 provinces but also the one that has made the strongest progress, offering 17 additional product lines to reach 39 in total over the 4 provinces. Aphria strengthens its position as the third largest provider of products, behind Aurora. An interesting situation is Hexo that is confirming a strong position in Quebec and is increasing its high-end offering in Ontario and expanding to BC. Producers that have entered the top 10 are Tilray and Hexo replacing CannTrust and Newstrike which are one of the few LPs that had a decline in number of available products.
With demand outstripping supply, cannabis prices have been trending upwards in all four provinces although there are significant differences between average dried flower prices. But prices can also vary significantly between producers (up to 30%) and between provinces for the same products (up to 10%). Because there are only a handful of producers that master the extraction and manufacturing of higher value added products, prices of the value added products (pre-rolls, oils, soft gels) are positioning these products well into the premium range.