Ontario May Sell Legal Cannabis for $10 a Gram

The Government of Ontario is considering setting legal cannabis prices at $10 a gram, CBC News reported today. Prior to the release of this information, the provincial and federal governments have been tight-lipped regarding the proposed average price of cannabis when it becomes legal next July.

Finance Minister Charles Sousa said the price of $10 per gram is “certainly something we’re giving consideration to.” The minister added that “the intent is to have some uniformity with these prices across Canada.”

Marijuana.com contacted Canopy Growth Corporation to get their take on the proposed retail price of cannabis and if they have been in talks with the feds and the provinces regarding this decision.

“We’ve always said it’s got to be competitive with the black market but in our minds, there will be a range of prices,” said Jordan Sinclair, Director of Communications for Canopy. “Our [New Brunswick]  announcement included a retail value estimate that equaled $10 a gram with the assumption that there will be a price band that averages around [that mark].”

When asked whether Canopy and other mega-producers have been involved in talks about the…

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