4 ms·

I had assumed they the prices were set by the market, and were high because the legal pot market is still very small and at several kinds of disadvantage compar

• ac29 7y ago
  Never been to Canada, but the taxes appear to be a % of sales price, not a per-gram basis: https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/edn55/calculation-cannabis-duty-additional-cannabis-duty-cannabis-products.html https://www.canada.ca/en/revenue-agency/services/forms-publi...
  • ksaj 7y ago
    The taxes are on the dollar cost, and at least in Ontario, hidden in the price tag (as it is with alcohol, lottery tickets and gasoline). But it is a major part of the price, and everything to do with how upon legalization, it immediately became more expensive than buying illegally. This is despite assurances that the pricing would make it more competitive, and remove the incentive to street purchases. They decided early on that it should be round or about $10/g. People who voted for this didn't seem to pay attention to the fact that sure, a dime bag might cost $10, but the price of a half-quarter, quarter, half, or ounce gets progressively cheaper per gram. So now we easily spend about $280 for an ounce of blah, when on the street you can get $210 for something that'll blow your mind. Mostly in Canada, only people getting medical marijuana and on disability (compassionate pricing) get prices that are on par with street value.
• johnisgood 7y ago
  > I had assumed they the prices were set by the market How could this be the case when the Government distorts the market by price controls, subsidies, regulations, and so on?