Production manager Shawn McDougall shows a cannabis flower after its been harvested and dried at Blissco Cannabis Corp. in Langley, B.C., on October 9, 2018. THE CANADIAN PRESS Jonathan Hayward

Pot price falls 6.4% to $7.37 a gram, legal and illegal prices down: StatCan

Average legal cannabis price dropped to $10.23 per gram

Statistics Canada says the average cost of a gram of cannabis fell 6.4 per cent in the third quarter as the legal price fell for the first time, but illicit weed continued to be cheaper.

The government agency says the overall average price of cannabis fell to $7.37 per gram compared with $7.87 per gram in the second quarter.

The move came as the average legal cannabis price dropped to $10.23 per gram, down 3.9 per cent from $10.65 per gram in the second quarter, marking the first legal price cut since legalization in October last year.

The average illegal price of pot continued to fall and slipped to $5.59 per gram in the third quarter, down 5.9 per cent from $5.94 per gram in the second quarter.

Statistics Canada based these conclusions on price quotes gathered using its StatsCannabis crowdsourcing application between July 1 and Sept. 30, 125 of which were deemed plausible.

The agency urged caution when interpreting the data, as the quotes were self-submitted and the number of responses were limited.

ALSO READ: Dog poisoned on Chilliwack trail by feces tainted with cannabis

ALSO READ: South Surrey mothers to launch CBD-infused water product

The Canadian Press


Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Bashaw rejects proposed lease renewal option

Revised capital project listed receives approval

Active number of COVID cases rises to 61 in central zone

Cases increased by 13 over the past 24 hours

BRSD still preparing for the fall

Possible bus route changes on the horizon for some areas

230 new COVID-19 cases reported over the weekend

City of Red Deer has nine active cases

QUIZ: Are you ready for a summer road trip?

How much do you really know about roads, motor vehicles and car culture? Take this quiz to find out.

Experts say Twitter breach troubling, undermines trust

Twitter swiftly locked down accounts to investigate

Walmart latest retailer to require customers to wear masks

Similar policies at Starbucks and Best Buy in U.S.

Most Read