10 Bucks a Gram Considered for Recreational Pot Price in Ontario


The government of Ontario is looking at setting retail prices for recreational marijuana in the range of $10 a gram, CBC News has learned.

Until now, the provincial government has been reluctant to make public any specific figures about the price of pot, the expected demand or potential revenues from taxation once cannabis is legalized across Canada next July.

But on Wednesday, in response to questions by CBC News, Finance Minister Charles Sousa indicated ballpark numbers on both retail price and revenue.

A price point of $10 per gram is “certainly something that we’re giving consideration to,” Sousa said at the Legislature.

Read full article here.

Mike Crawley – CBC News – Sep 20, 2017.

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