Skip to content
Subscriber Only

Marijuana Prices Are Falling in Canada Before Legalization

  • Expanding supply driving down prices as consumption increases
  • Government statistics office tracks weed market back to 1961
Video player cover image

Marijuana Legalization Could Pose a Big Threat to Alcohol Companies

Canadian marijuana prices are tumbling as supplies rise, an indication profits for producers in the soon-to-be-legal market may be slimmer than previously thought.

The average cost per gram fell 7.7 percent in 2017 from a year earlier, the steepest drop in a decade, according to data published Thursday by Statistics Canada. Recreational users may be free to indulge themselves as soon as July.