How much is an oz of cannabis in Canada?
Average Weed Prices
| Quality | Average ($/Oz.)* | Sample Size |
|---|---|---|
| High Quality | $207.04 | 11660 |
| Medium Quality | $196.00 | 14823 |
| Low Quality | I feel bad for these guys –> | 959 |
Why are cannabis prices down?
The prices he is offered for growing a pound has dropped as low as $250, down from an average $1,000 a pound a year earlier. He said the $250 figure was after paying a state mandated cultivation tax of around $150 a pound, a cost imposed after a distributor acquires the marijuana and performs quality tests.
Is cannabis more expensive in Canada?
In general, higher quality cannabis garners higher per gram prices across provinces, although there are some exceptions. In the territories, as well as Saskatchewan, prices for low quality cannabis are slightly higher. Disparities in prices reported by quality are likely attributed to two reasons.
What is the average price of cannabis?
Price captures the quantity adjusted price per gram paid by the consumer. The average price of cannabis was $7.32 per gram (SD: $3.76), and was highest for high quality at $7.69 per gram (SD: $3.63), followed by low quality cannabis (average: $7.26; SD: 5.57), and medium quality cannabis (average: 7.14; SD: 3.81).
What is the quality of cannabis in Canada?
Table 2 shows that, in Canada, most users self-reporting cannabis transactions to Price of Weed perceive their cannabis purchases to be of medium (41%) or high (56%) quality, with very few users reporting purchasing low quality grade cannabis (4%) (Table 1).
How much do Canadians spend in cannabis retail stores each month?
The strong Alberta spending rate makes sense, as the province boasts the largest retail footprint per capita in Canada. However we also see Ontario spending picking up, with the rapid roll-out of retail stores. We estimate that the average Ontario cannabis user now spends C$7.20 each month in licensed stores.