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 told CBC News that they will use an estimated half a billion dollars over the next five years. On top of that, some provinces in Canada have access to legal cannabis only through government-run shop fronts or online retail.

READ MORE: https://culturemagazine.com/canadas-cannabis-prices-increase-after-legalization/

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