‘Competition With A Black Market’: Marijuana Pricing Challenging, Says P.E.I. Premier

Article by Kevin Yarr, CBC News

'Competition with a black market': Marijuana pricing challenging, says P.E.I. premier 'This is actually going to cost' By Kevin Yarr, CBC News. Regulations for selling marijuana will be ready in time on P.E.I., says Premier Wade MacLauchlan. (CBC)

The provinces are going to be in competition with illegal sellers when marijuana is legalized next year, says P.E.I. Premier Wade MacLauchlan, and it won’t be easy.

MacLauchlan commented on the challenges on his way into a meeting with the premiers in Ottawa Tuesday morning.

“We’re going into competition with a black market, and their prices now, frankly, are low. And I expect they can go lower,” he said.

“This is going to actually cost in terms of public health, in terms of enforcement and corrections, but ultimately we’re going into a very tight race with people who are now running the market.”

MacLauchlan said despite the challenge P.E.I. will meet Trudeau’s timeline of July 1, 2018 for the legalization of marijuana.

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