Legal pot costs almost 50 per cent more than pot bought on the black market: StatCan
The average price of a legal gram of medical or recreational pot last year was $9.70, versus $6.51 on the illicit market
Wednesday, January 9, 2019
A legal gram of cannabis in Canada costs nearly 50 per cent more than illicit pot, according to a new analysis of price quotes compiled by Statistics Canada. The average price of a legal gram of medical or non-medical weed during the fourth quarter last year was $9.70, compared to the black market price of $6.51. The conclusions were based on price quotes gathered using the StatsCannabis crowdsourcing application between Oct. 17 — when adult-use pot was legalized in Canada — and Dec. 31. Roughly half of respondents indicated they bought cannabis from a legal channel, such as government-run stores or websites, based on 385 price quotes the agency deemed plausible. (See also: Canadian pot shortage could last up to three years, industry executives say)
