Article by Kristine Owram, Bloomberg News
Canadian pot smokers are finally getting some price relief almost a year after the country legalized recreational use. But it’s still a lot cheaper to get the drug from illegal dealers.
A gram of cannabis purchased from government-sanctioned sellers cost $10.23 in the third quarter, down 3.9 per cent from the prior three-month period, according to Statistics Canada. At the same time, the price for a gram of pot bought in the illicit market fell 5.9 per cent to $5.59.
The country’s statistics office has been publishing data on prices since before Canada legalized recreational marijuana in October 2018. It uses a crowd-sourcing application to gather information on consumer behavior and web scraping to collect prices from illegal online retailers…