Ontario outdoor cannabis grower 48North says it produced flower at this fall’s harvest for 25 cents a gram, far lower than indoor growers’ cost of $2 a gram.
Dropping the price of legal cannabis would take a bite out of illicit sales, argues the federal Green Party, and is a promise the party would make, according to a press release issued Thursday.
A local marijuana group staged a protest outside a popular recreational cannabis store in Calgary on Friday, passing out free pot to illustrate the point that the drug doesn’t need to be so expensive.
Licensed marijuana producer Bedrocan is slashing the price of all six of its medical cannabis strains to $5 a gram, citing a desire to make medicine more affordable for patients.
For the week ended Friday, July 31st, the spot price index for a pound of cannabis rose from $1,736 in the prior week to $1,791, a jump of slightly more than 3%.
The Internet makes it easy to compare prices for a lot of things -- you can shop around for the best deal on shoes, or research what salary you should be asking for in a job interview. Now, it's also helping people make sure they're not getting ripped off on the black market.