facebook

N.B. street marijuana cheaper than proposed Cannabis NB store prices: StatCan survey – New Brunswick

Like most businesses, the cannabis industry will have direct competition that may impact their price points.

A recent survey conducted by Statistics Canada found that New Brunswick is home to the second-lowest pot prices in the country at $6.38 per gram, only after Quebec which pays the lowest prices for marijuana at $5.88 per gram.

“We’re inheriting sort of the legacy of the illicit market pricing program and we’re working with that knowledge and understanding so that as an industry, we can position ourselves as being price comparative against the illicit market,” explained Ray Gracewood, the chief commercial officer for OrganiGram.


READ MORE:
Delay in cannabis legalization may impact N.B. budget

The Moncton-based company has been contracted to supply retails stores with marijuana when it’s legalized later this summer.

Gracewood suggests the StatCan analysis factors in a discount for people who are buying large quantities on the street.

“I would say based on that StatCan analysis, we’re relatively confident that we’re still working towards a model that will be price-competitive,” he said.

While companies are studying the market dynamics on the street, other agencies are looking at ways to capitalize on the new industry.

“Maybe there’s someone who makes containers, somebody who’s involved in shipping, it’s like any other product that has some benefits outside the core product,” says John Wishart, the chief executive officer for the Greater Moncton Chamber of Commerce.


READ MORE:
Budget 2018 outlines how cannabis will be taxed, grants money to fight opioid crisis

The Greater Moncton Chamber of Commerce is looking at potential business opportunities, the spin-offs from the marijuana sector.

They’ll be hosting the CEO of OrganiGram next week to discuss where the organization sees the industry is headed.

Meanwhile, the date for legalization has been pushed back from July 1 to the end of August as the Senate studies the new proposed legislation.

© 2018 Global News, a division of Corus Entertainment Inc.



Source link

>
Buds2Go.ca is not responsible for, nor do we always share the opinions of the content posted on our website through our partners or independent authors.

Leave a Reply


What is a Sativa?

Sativa strains of medicinal marijuana are usually uplifting and stimulating. If you’ve ever smoked or ingested cannabis that makes everything funny and puts you in a great mood, it was probably from a Sativa strain. It creates a feeling of comfort, non-drowsy, and usually introspective highs. The effects of smoking or ingesting a Sativa makes them particularly popular among artists and creatives. The most popular medicinal benefits range from treating mental and behavioral problems, to treating depression, stress and ADHD.

What is an Indica?

The major difference between Sativa’s and Indica’s is while a Sativa can make you feel alert, active, and aware, an Indica will have a relaxing feel on the body. The physical effects of an Indica strain commonly include a drowsy and mellow mood with stress and pain relief. Indica’s are one of the more suggested strains when using it for medicinal purposes as it effectively treats sleeping disorders such as insomnia, fibromyalgia, body aches and pains. Indica’s are also commonly used for treating Multiple Sclerosis, Parkinson’s disease, Fibromyalgia and Lupus

Why Choose Hybrid?

The benefits to smoking or ingesting a Hybrid strain are simply as follows. Hybrid’s offer the best of both worlds combining several qualities of each containing strain. Some Hybrid’s are Indica dominant, which will offer pain relief and / or mellow mood, however may contain up to 50% Sativa so it will not make you too drowsy. Other’s may offer a Sativa dominant strain, which will encompass several calming benefits and pain relief, but also give a mellow, yet energetic high.

Why use Buds2Go?

We offer a guaranteed, reliable medicinal marijuana buying and shipping experience for our members. There are still thousands of people who don’t live in areas that are served by local dispensaries such as Vancouver and Victoria BC. We offer a Canada-Wide shipping service that is both fast and discreet and always include tracking numbers. We verify our members age using a photo ID verification system that usually takes less than 2 hours to complete, after which that data is destroyed and our new member is assigned a Verified membership number.