Title : Competition between legal and illegal cannabis in Canada
link : Competition between legal and illegal cannabis in Canada
Competition between legal and illegal cannabis in Canada
Canadian cannabis competition:
Canada's legal weed struggles to light up as smokers stick to black market
Six months after legalisation, licensed producers are unable to keep up with the demand or quality of neighborhood dealers
"Six months after Canada became the first G7 country to legalise marijuana, the bold experiment is still struggling to get off the ground.
"Legal producers were unable to meet the sudden surge in demand, and struggled for weeks to fill orders, leaving marijuana stores with empty shelves.
"As a result, the vast majority of cannabis sales in the country – roughly $5bn – are made on the illegal markets, compared to $2bn in legal sales, according to government figures from January 2019.
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"The Tobins are also competing against illegal “grey market” stores, which alongside marijuana sell edibles and hashish – items that licensed stores cannot yet offer.
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"Canadians who purchase their cannabis from illegal sources also save a significant amount of money: the average price for a gram of illegal cannabis is 36% cheaper than its legal counterpart, Statistics Canada has found."
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Here's a price survey and other stats from Statistics Canada: Cannabis Stats Hub
Canada's legal weed struggles to light up as smokers stick to black market
Six months after legalisation, licensed producers are unable to keep up with the demand or quality of neighborhood dealers
"Six months after Canada became the first G7 country to legalise marijuana, the bold experiment is still struggling to get off the ground.
"Legal producers were unable to meet the sudden surge in demand, and struggled for weeks to fill orders, leaving marijuana stores with empty shelves.
"As a result, the vast majority of cannabis sales in the country – roughly $5bn – are made on the illegal markets, compared to $2bn in legal sales, according to government figures from January 2019.
...
"The Tobins are also competing against illegal “grey market” stores, which alongside marijuana sell edibles and hashish – items that licensed stores cannot yet offer.
...
"Canadians who purchase their cannabis from illegal sources also save a significant amount of money: the average price for a gram of illegal cannabis is 36% cheaper than its legal counterpart, Statistics Canada has found."
********
Here's a price survey and other stats from Statistics Canada: Cannabis Stats Hub
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