Article by Caroline Barghout, CBC News
A British Columbia man says Health Canada has handed out so many medical marijuana licences, it’s cutting into his profit.
“This is how I make my living,” said the man we’re calling “Jack.” “I grow it and sell it. Money is good — well, not as good as it used to be”
Jack is not his real name. He asked that we conceal his identity so that he could speak candidly about the medical marijuana black market, which he says is saturated with patients producing more than they need and selling off the rest.
“So many people do it now,” Jack said. “I can go down a street in the neighbourhood and pick out probably 20-30 houses … out of 50.”
Jack used to get almost $3,000 a pound for his bud but over the years dropped his prices to below $1,700 a pound because there’s not as much demand.