Saskatchewan cannabis prices have plummeted since the product became legal in Canada in 2018.
“We’ve probably hit a floor as far as pricing goes right now,” said Jim Southam, president and CEO of Prairie Cannabis Ltd.
Southam called the price change in recent years drastic.
“In the beginning, we were paying double if not closer to triple for some things that we have in our stores today. But that being said, the price can only go so low until people are losing money.”
Read more:
Health advocates ask Saskatchewan medical cannabis users to talk with physicians, pharmacies
The formation of the Saskatchewan Weed Pool Cannabis Cooperative, which combined 16 independent retail members, gave independent stores across the province a chance to be competitive against national chain companies.
“Our co-op has partnered with a licensed producer and now we are vertically integrated so that’s helped us bring down pricing costs as well. We can purchase bulk product and package it ourselves,” said Southam.
Though there are no official numbers on street drugs,…
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Saskatchewan cannabis prices have plummeted since the product became legal in Canada in 2018.
“We’ve probably hit a floor as far as pricing goes right now,” said Jim Southam, president and CEO of Prairie Cannabis Ltd.
Southam called the price change in recent years drastic.
“In the beginning, we were paying double if not closer to triple for some things that we have in our stores today. But that being said, the price can only go so low until people are losing money.”
Read more:
Health advocates ask Saskatchewan medical cannabis users to talk with physicians, pharmacies
The formation of the Saskatchewan Weed Pool Cannabis Cooperative, which combined 16 independent retail members, gave independent stores across the province a chance to be competitive against national chain companies.
“Our co-op has partnered with a licensed producer and now we are vertically integrated so that’s helped us bring down pricing costs as well. We can purchase bulk product and package it ourselves,” said Southam.
Though there are no official numbers on street drugs,…
