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

VIDEO: Celebrate magic of the holidays as Winter Harp returns to Cowichan Sunday

Wonderful Winter Harp is back at the Cowichan Performing Arts Centre on… Continue reading

VIMC will not proceed with controversial construction plans; going to legal action

North Cowichan says Monday’s public hearing will go ahead anyway

Fury and their fans brave the freeze

Cowichan Div. 3 team romps past Prospect Lake

Former Duncan Mayor Phil Kent presented with Freeman of the City Award

Others honoured for community work at awards ceremony

CVWC glimpses bright future

Young wrestlers in the spotlight at Island Novice

Duncan Christmas Kick-Off a hit

The City of Duncan lit up for the season with their annual… Continue reading

B.C. pharmaceutical company’s stocks double in value after successful lupus drug trial

More than 40 per cent of patients using voclosporin saw improvements in kidney function

Second warning on romaine lettuce from California region as another E. coli case reported

Two cases of E. coli have been reported in relation to the illness in the U.S.

Six B.C. municipalities accepted as interveners in Supreme Court of Canada carbon-pricing case

Victoria, Vancouver, Squamish, Richmond, Nelson and Rossland have intervener status

B.C. Transit finds 28 used fareboxes online, saves $300,000

‘Someone joked maybe we can buy used fareboxes on eBay,’ CEO says

Many of Canada’s working poor can’t afford lawyers, don’t qualify for legal aid

One lawyer says many people earn too much to qualify for legal aid, but not enough to really live on

Economy lost 71,200 jobs in November, unemployment rate climbs to 5.9%

Jobless rate is at its highest since August 2018, when it hit 6%

BC Hydro reservoirs see record low rain across Vancouver Island

Hydro electric watersheds are at a third of their normal levels

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

Most Read