The average combined price for nonmedical and medical cannabis has fallen 10.6% since the first quarter of 2016, according to new data from Statistics Canada.
The latest data from StatsCan pegs the average combined cost of nonmedical and medical cannabis at 6.74 Canadian dollars ($5.19) per gram in the second quarter.
Wholesale marijuana prices are expected to decline drastically as cannabis multinationals bring their large cultivation facilities online over the next year.
As of June, Canada’s government had licensed more than 1 million square meters (11 million square feet) for cannabis cultivation, according to data Health Canada shared with Marijuana Business Daily.
That’s up significantly from May 2017, when the total was only 609,000 square meters (2 million square feet).
Wiscoo supply Wiscoo Product, which include Ceramic Glass Cartridge，Our products have high quality and competitive prices.
Copyright © Wiscoo Electronics Company Limited All Rights Reserved | Sitemap
