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Day: January 15, 2019

Canadian legal cannabis prices nearly 50 percent higher than black market prices

420 INTEL: David Clement, the North American affairs manager for consumer advocacy group Consumer Choice Centre, said that it’s unsurprising that prices of cannabis have risen.      Clement said that in legalizing marijuana, products are now subject to both federal and provincial taxes in addition to licensing costs and numerous other fees associated with running […]

Canada’s Cannabis Prices Increase After Legalization

CULTURE MAGAZINE: “The taxes and fees create prices that are high out of the gate, and then a lack of competition prevents those prices from being slowly pushed down,” said David Clement, the North American affairs manager for the Consumer Choice Center. The money generated from taxes and licensing go to fund the cannabis program, and Clement […]

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