{"id":93,"date":"2018-10-19T19:03:55","date_gmt":"2018-10-19T19:03:55","guid":{"rendered":"https:\/\/cannabisdat.com\/cbdwp\/?p=93"},"modified":"2018-10-26T06:37:42","modified_gmt":"2018-10-26T06:37:42","slug":"looking-at-pre-legalization-prices","status":"publish","type":"post","link":"https:\/\/epaac.ca\/cbdwp\/2018\/10\/19\/looking-at-pre-legalization-prices\/","title":{"rendered":"Looking at pre-legalization prices"},"content":{"rendered":"

A key question is whether the legal market will be able to compete with the black market on prices. In this respect having a benchmark of black market prices across the country before legalization should be useful. I downloaded crowd sourced data on marijuana prices from Statistics Canada available at\u00a0 https:\/\/surveys-enquetes.statcan.gc.ca\/cannabis\/<\/a> and cleaned it to obtain average and median prices per gram for purchases equal to and less than 10 g and separately for purchases equal to and less than 30 g. The data are from July 1st\u00a0to October 9th. For comparison purposes I also report 2015-16 weighted price average data from the Parliamentary Budgetary Office .<\/a><\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\nAlberta<\/strong><\/td>\nBritish Columbia <\/strong><\/td>\nAtlantic Provinces<\/strong><\/td>\nOntario<\/strong><\/td>\nQuebec<\/strong><\/td>\nPrairie Provinces<\/strong><\/td>\n<\/tr>\n
10 g and less July \u2013 October 2018 Statistics Canada <\/strong><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Average Price $ per g<\/td>\n8.47<\/td>\n8.43<\/td>\n8.05<\/td>\n8.55<\/td>\n7.05<\/td>\n8.01<\/td>\n<\/tr>\n
Median Price $ per g<\/td>\n8.57<\/td>\n8.57<\/td>\n8<\/td>\n9<\/td>\n6.54<\/td>\n8<\/td>\n<\/tr>\n
30 g and less July \u2013 October 2018 Statistics Canada<\/strong><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Average Price $ per g<\/td>\n7.72<\/td>\n7.20<\/td>\n7.26<\/td>\n7.65<\/td>\n6.26<\/td>\n7.12<\/td>\n<\/tr>\n
Median Price $ per g<\/td>\n7.86<\/td>\n7.14<\/td>\n7.14<\/td>\n7.14<\/td>\n5.71<\/td>\n7.14<\/td>\n<\/tr>\n
Parliamentary Budgetary Office Estimates 2015-16<\/strong><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Average Price $ per g<\/td>\n8.73<\/td>\n7.70<\/td>\n8.46<\/td>\n8.64<\/td>\n7.31<\/td>\n9.99<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Roughly speaking, prices are comparable across the country with the exception of Quebec, which has lowest prices in the country. This is also the pattern which emerges from the 2015-16 PBO data. Data in the next couple of weeks from provincial cannabis websites will confirm whether legal prices will be comparable to black market prices.<\/p>\n<\/span>","protected":false},"excerpt":{"rendered":"

A key question is whether the legal market will be able to compete with the black market on prices. In this respect having a benchmark of black market prices across the country before legalization should be useful. I downloaded crowd sourced data on marijuana prices from Statistics Canada available at\u00a0 https:\/\/surveys-enquetes.statcan.gc.ca\/cannabis\/ and cleaned it to […]<\/p>\n","protected":false},"author":1,"featured_media":182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","footnotes":""},"categories":[7],"tags":[],"_links":{"self":[{"href":"https:\/\/epaac.ca\/cbdwp\/wp-json\/wp\/v2\/posts\/93"}],"collection":[{"href":"https:\/\/epaac.ca\/cbdwp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/epaac.ca\/cbdwp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/epaac.ca\/cbdwp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/epaac.ca\/cbdwp\/wp-json\/wp\/v2\/comments?post=93"}],"version-history":[{"count":14,"href":"https:\/\/epaac.ca\/cbdwp\/wp-json\/wp\/v2\/posts\/93\/revisions"}],"predecessor-version":[{"id":546,"href":"https:\/\/epaac.ca\/cbdwp\/wp-json\/wp\/v2\/posts\/93\/revisions\/546"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/epaac.ca\/cbdwp\/wp-json\/wp\/v2\/media\/182"}],"wp:attachment":[{"href":"https:\/\/epaac.ca\/cbdwp\/wp-json\/wp\/v2\/media?parent=93"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/epaac.ca\/cbdwp\/wp-json\/wp\/v2\/categories?post=93"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/epaac.ca\/cbdwp\/wp-json\/wp\/v2\/tags?post=93"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}