Legal Pot in Canada Could Sell for $5 a Gram — or Less

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Legal pot in Canada could sell for $5 a gram — or less. A Seattle, Wa.-based marijuana chain is selling budget-priced pot at a cost that works out to C$4.76 a gram.

Uncle Ike’s Budget Bud is the cheapest pot we’ve found anywhere.

A product line of a Seattle, Wa.-based marijuana retailer, it lives up to its name at US$99 an ounce. That works out to $4.76 a gram Canadian, and it would put the cost of a joint in the $1.50-$2 range.

But you get what you pay for, an email from Washington State-based marijuana writer Steve Elliott makes clear.

There’s more leaf material making up the weight than with a higher-priced product, he explains, and “it’s not exactly ‘bragging rights’ material if you get it out in front of your friends.”

On the other hand, though the journey is rougher, the destination is much the same:

“The high is often comparable to more expensive weed, but … the taste is nowhere near as fine.”

Under legalization, how cheap could marijuana get? At the low end, in the $5 a gram range, says Bruce Linton, CEO of  Canopy Growth, a large medical marijuana growing facility in Smiths Falls, Ont., which plans to produce recreational pot after legalization.

The cheapest medical marijuana is sold in that price range now. Medreleaf’s cheapest strains for medical customers are $5 a gram. (Medreleaf, a Markham, Ont.-based grower also sells low-THC trimmings, leaf material left behind when buds are prepared, for $3 a gram.)

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