Ontario is dropping its weed profit margins to get the 'upper hand' over the illegal market | CBC News

  • 📰 CBCToronto
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 61%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The OCS estimates the move will put $35 million back in the hands of licensed pot companies this fiscal year and $60 million in the 2024 fiscal year.

Drop largely triggered by strength of illicit pot sales, which still made up 43% of market last March.

Drop largely triggered by strength of illicit pot sales, which still made up 43% of market last March
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Maybe if the government regulated weed wasn't so weak. They need stronger stuff especially the edibles.

How pathetic is it that Ontario can’t shut blatantly illegal Cannabis stores. It’s pointless being licensed as they are the ones that pay more and are easily shut down by government regulation.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 51. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk's brain-implant company under investigation for handling of hazardous pathogens | CBC NewsThe U.S. Department of Transportation is investigating Elon Musk's brain-implant company Neuralink over allegations that they may have illegally moved hazardous pathogens after an animal rights group says it found evidence. Defund the CBC Heard about the hazardous chemicals in Ohio? Funny you’re not reporting it. CBC is a corrupt Organization who has been paid ransom money for years, their only function is to keep people informed with only tge information they want the Canadian people to know. They are stealing our money they are taking out guns and soon the last of our freedoms
Source: CBCNews - 🏆 2. / 99 Read more »