Production manager Shawn McDougall shows a cannabis flower after its been harvested and dried at Blissco Cannabis Corp. in Langley, B.C., on October 9, 2018. THE CANADIAN PRESS Jonathan Hayward

Pot price falls 6.4% to $7.37 a gram, legal and illegal prices down: StatCan

Average legal cannabis price dropped to $10.23 per gram

Statistics Canada says the average cost of a gram of cannabis fell 6.4 per cent in the third quarter as the legal price fell for the first time, but illicit weed continued to be cheaper.

The government agency says the overall average price of cannabis fell to $7.37 per gram compared with $7.87 per gram in the second quarter.

The move came as the average legal cannabis price dropped to $10.23 per gram, down 3.9 per cent from $10.65 per gram in the second quarter, marking the first legal price cut since legalization in October last year.

The average illegal price of pot continued to fall and slipped to $5.59 per gram in the third quarter, down 5.9 per cent from $5.94 per gram in the second quarter.

Statistics Canada based these conclusions on price quotes gathered using its StatsCannabis crowdsourcing application between July 1 and Sept. 30, 125 of which were deemed plausible.

The agency urged caution when interpreting the data, as the quotes were self-submitted and the number of responses were limited.

ALSO READ: Dog poisoned on Chilliwack trail by feces tainted with cannabis

ALSO READ: South Surrey mothers to launch CBD-infused water product

The Canadian Press


Like us on Facebook and follow us on Twitter.

Just Posted

Go green this holiday season with light recycling and energy saving in Cowichan

It’s true, Bings Creek, Meade Creek and Peerless Road facilities all accept the strands.

N. Cowichan rejects Motorsport rezoning for a second time

The surprise of the night came when Siebring switched to the no side

Dashcams to be installed on South Cowichan school buses

“disturbing tend” of “motorists disregarding school bus stop signs and putting our learners at risk”

Seymour re-elected chief of Cowichan Tribes

Council’s 12 seats also decided

Lexi Bainas column: Music, miniature masterpieces, and a long-lost banjo

Some truly heartwarming news last week: Chuck McCandless has his banjo back!

VIDEO: Merriam-Webster declares ‘they’ its 2019 word of the year

Declared word of year based on a 313-per-cent increase in look-ups on the company’s search site

Competitive Christmas decorating takes sarcastic turn in Princeton, B.C.

Heather King of Princeton took a creative and stress-free approach to her holiday display this year

RCMP asks Kootenay cannabis shop to remove image of famous Mountie from storefront

Owner happy to comply with RCMP, but wants more information first

BC Ferries adds 170 extra sailings for the holidays

6 a.m. and 10 p.m. sailings added for busy season

Anti-money laundering agency warns casinos to watch gamers playing with bank drafts

Financial Transactions and Reports Analysis Centre of Canada, known as Fintrac, issues operational alert

Strata rental bans escape B.C. speculation tax through 2021, Carole James says

Vacant home tax won’t apply to cabins accessible only by water

China hints at national security trials for 2 Canadians detained for one year

The two Canadians’ detention is largely seen as retaliation for the arrest of a Huawei exec

B.C. seaplane company set to test the first commercial electronic plane

The plane is powered by a 750 horsepower electric motor

Most Read