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.

Just Posted

Kelowna RCMP on the hunt for thieves at large

A subway heist and a camper break and enter are among the crimes to have occured

West Kelowna RCMP search for two alleged thieves

Anyone with information on the crimes is encouraged to contact the RCMP or Crime Stoppers

Overdose deaths down nearly 50 per cent in Kelowna in past year

In 2019, there were 27 illicit overdose deaths in Kelowna, down from 55 deaths

Ride-share electric scooters hit the streets of Kelowna in 2020

Loop is an electric scooter sharing service headquartered in Vancouver

Petition started to change location of selected homeless shelter in West Kelowna

The city, province and BC Housing selected a site on Stevens Road for a 40-bed temporary shelter

VIDEO: Federal Liberals’ throne speech welcomes opposition’s ideas

Trudeau will need NDP or Bloc support to pass legislation and survive confidence votes

Weak link in Sagmoen trial, defence says

Counsel questions whether search warrant police executed was obtained on reasonable grounds

VIDEO: John Lennon’s iconic Rolls Royce rolls into Vancouver Island college for checkup

Royal BC Museum, Camosun College and Coachwerks Restorations come together to care for car

North Okanagan MP says throne speech lacked specifics

‘Trudeau government presented a vague agenda,’: MP Mel Arnold

‘She was awesome’: Malakwa baker leaves U.S. holiday show

‘There are Christmas miracles, look at me’

VIDEO: Rockslide closes part of Highway 93 in Fairmont Hot Springs

Geotechnical team called in to do an assessment after rocks fell from hoodoos

Petition calls for appeal of ex-Burns Lake mayor’s sentence for sex assault

Prosecution service says Luke Strimbold’s case is under review

Northwest B.C. wildlife shelter rescues particularly tiny bear cub

Shelter co-founder says the cub weighs less than a third of what it should at this time of year

Sicamous Eagles defeat Summerland Steam in overtime decision

Junior B hockey teams faced off in Summerland on Dec. 5

Most Read