Most Canadians support legalization, and not just because it is the safer option. According to newly released Statistics Canada data on cannabis prices across the country, Canadian cannabis consumers are willing to spend more money on legal cannabis than they would on the illegal market.
So, how much more are they willing to pay? Many people are wondering how the recent legalization of cannabis in Canada will affect the price of the drug, especially with so many stores selling it online.
Currently, the average retail price of premium cannabis in Canada stands at about $100 per half-ounce. However, the weed cost will vary depending on the province and whether it's high-quality cannabis or not.
In some provinces, like Ontario, the government monopolizes retail prices. It means that prices are set by the government and are not subject to market forces. In other provinces, like Alberta, private retailers are allowed to sell cannabis.
So, how much does cannabis cost in Canada, and how do the prices vary by province? Keep reading to find out.
Cannabis Legalization in Canada
Cannabis became legal for recreational use in Canada on October 17, 2018. In June 2018, the Canadian government introduced legislation to legalize and regulate cannabis.
Adults can now possess up to 30 grams of dried cannabis or its equivalent in public under the new law. They are also capable of growing up to four cannabis plants at home. Cannabis can be purchased from licensed retailers or from the government's website.
There is a strict limit on how much weed you can buy daily or monthly. The majority of provinces have set a minimum purchase age of 18-21. However, it varies by province, with the majority choosing 21.
Different Cannabis Strains That Are Legalized
The three main types of cannabis are Indica, Sativa, and hybrid. Each type has a unique impact on the user. For example, Indica strains are known for their body high, whereas Sativa strains are known for their head high. Hybrid strains are a cross between the two.
Cannabis contains THC, a psychoactive ingredient that alters your mood or produces high-like sensations. THC potency in cannabis varies by strain, with some strains containing more than 20% THC content, which is considered very potent. THC levels have no effect on how marijuana affects your health; they simply determine how much of an effect you will have when you smoke or ingest marijuana.
Is medical cannabis cheaper in Canada?
In Canada, medical cannabis is less expensive than recreational cannabis. Cannabis costs an average of $11.02 per gram in Canada. However, this varies depending on where you live and the type of product you seek.
Medical marijuana is typically less expensive than recreational marijuana because it is not subject to the same government regulations. However, lower prices do not imply that medical marijuana is less potent; doctors consider potency when prescribing medicine to ensure that patients receive just enough medicine to alleviate their symptoms.
How Much Does Cannabis Cost Across Canada?
The retail price of marijuana in Canada varies by province or territory. It costs between 12.34 and 14.33 Canadian dollars per gram. This is only for cannabis flowers, which are cheaper than edibles and concentrates.
Here is a quick breakdown of average weed costs in the major cities across Canada.
Cannabis costs an average of $10.50 per gram in Ottawa, with prices ranging from $8 to $13. The higher end of the price range typically represents high-quality cannabis, while the lower end represents a lower-quality product. Cannabis costs an average of $9.90 per gram in Halifax, with prices ranging from $6.00 to $14.00, which is comparable to the national average of $9 per gram.
A recent study found that the average cost of cannabis in Vancouver is $10.17 per gram. It is more expensive than the average price of cannabis in other Canadian cities, but this is not surprising given that Vancouver has some of the most expensive real estate in the country. Furthermore, the study discovered that the price of cannabis varies greatly across the city. Some dispensaries, for example, charge up to $20 per gram.
The average cost of cannabis in Ontario is $8.90, which is slightly higher than the national average. However, weed prices are rising across the country, not just in Ontario. Consumers in British Columbia and Manitoba, for example, pay an average of $9 per gram. And it's only slightly cheaper in Quebec and New Brunswick, where it costs around $7 per gram.
Cannabis costs $9.50 per gram on average in Montreal. However, because Montreal has a large number of dispensaries, prices are kept low. If you know where to look, you can also find cheaper cannabis.
The average price of cannabis in Toronto is $10.75 per gram, ranging from $5 to $15 per gram. Most stores are located in the downtown core, with a few in the suburbs.
The average selling price of cannabis in Alberta is $10.53 per gram. Even though it is higher than the national average, it is still relatively inexpensive. Prices in the province vary greatly depending on the quality and location of purchase.
Cannabis Lowest Cost Across Canada
Alberta, Manitoba, and Newfoundland had the lowest prices for cannabis. The average cost of cannabis in these provinces is $8.07 per gram. Dried cannabis flowers cost $6.99-$16.28 per gram in British Columbia.
So, How Much Is a Pack of Cannabis Across the Country? (Average Price)
As you may know, the cost of cannabis in Canada varies depending on your province, the strain you choose, and the format or type of product you purchase.
If users choose a legal market over an illegal one, they may have to make certain financial sacrifices. However, most users will discover that the price of marijuana has dropped significantly in recent years.
That being said, if you want to buy your favorite strains at a reasonable price, why not visit Munchies Cannabis?
We have a wide variety of cannabis strains and products in stock that you can buy and enjoy privately or in social settings such as cafes.
Place your order today by visiting our online store.