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Did the government set prices as well as provide all the packaging? Or do you mean the taxes are so high that there’s no way for a business to break even withou
by jitl 3y ago
Did the government set prices as well as provide all the packaging? Or do you mean the taxes are so high that there’s no way for a business to break even without a total price substantially higher than the black market? Regardless it sounds fairly successful if 70% of the market is now legal.
I wonder how far off the Canada prices are from the California ones I’m familiar with.
- dubcanada 3y agoGovernment does not set the prices, unless you live in one of the provinces which cannabis is only sold at the provincial liquor store. The issue is the taxes are so high it's nearly impossible for a cannabis business to generate income while selling at a price point people will buy it at. You have to remember that generally most of Canada is on the poor side.
- icepat 3y agoAh yeah, by set prices I meant via tax levies. I should have been more clear. It does indirectly set prices, but you're correct they did not say "1 oz sour diesel is $10".