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An independent cannabis research firm estimated that the black market accounted for 86% of cannabis sales. On average, on a Canada-wide basis, legal cannabis was selling for about $10.23 per gram versus $5.59 found on the black market according to StatsCan. [79]
The average price for dried flower on the OCS had fallen to $7.05 per gram after taxes, compared to the average price for illicit cannabis at $7.98 per gram. The growth is also attributed to an increase in brick-and-mortar retail, with 110 stores operating as of Q3 2020, compared to just 22 at the same time last year.
Aurora claimed it had reduced the cost of producing cannabis to $0.85 per gram [citation needed], when the national retail price of cannabis in Canada was $7.37 per gram. [42] In December, Aurora announced its release of products for "Cannabis 2.0" – the retail market for edible cannabis products – to include gummies , chocolates , baked ...
Decibel Cannabis Co. (OTC:DBCCF), the Canadian cannabis brand that dominated the pre-roll market in 2023, now trades at 0.8x CY24 sales and 4.2x adjusted EBITDA, with a market valuation that ...
Adults may grow up to four marijuana plants per household for personal use; restrictions may be placed by landlords or condo corporations. [91] Only six cannabis stores were open initially operated by private enterprise companies and licensed by the province; on-line purchases could also be made from the provincial web site. [92]
There's no way to possibly buy every pot stock on the market; there are just too many of them to choose from. Therefore, you'll need to narrow your focus, and Canada is truly the epicenter of ...
Price of Weed (or priceofweed.com) is a user-generated database of marijuana prices. Users may submit prices and quantities for transactions, and their location is geolocated in order to generate a price index for states and cities. While user-generated prices have no inherent check on accuracy, the criminal status of marijuana in many ...
Hemp production was legalized in 1998 and Alberta grew thousands of acres by the 2000s. [7] In 2011, Alberta grew 6,434 hectares (15,900 acres), about 40% of Canada's hemp and 40% of the nation's hemp seed. [8]