Pot consumers paying less than $7 a gram, Statistics Canada survey finds

Discussion in 'Canadian Patients' started by VIANARCHRIS, Feb 8, 2018.

  1.  
    VIANARCHRIS

    VIANARCHRIS Well-Known Member

    Canadians pay an average of less than $7 a gram for pot, according to Statistics Canada data collected through a crowdsourcing pilot project.

    More than 15,000 Canadians have participated in StatsCan's online survey since Jan. 25, exceeding expectations of 1,000 to 2,000 entries.

    Broken down by province and territory, the average price for a gram of dried cannabis ranges from a low of $5.89 in Quebec to a high of $11.89 in Northwest Territories, compared to the nationwide average of $6.79, according to the data provided to CBC News.

    In the online survey form, StatsCan provides 2017 price estimates averaged from a variety of sources, which are higher than the data collected through this crowdsourcing initiative. StatsCan economist Conrad Barber-Dueck said this sample might report lower prices because it includes a higher rate of daily users who generally buy in bigger, cheaper quantities.

    Asked if people might be lowballing the price in order to drive down the retail price when cannabis becomes legal, the agency said it's hard to see collusion.

    "We don't know if people are misreporting, although at nearly 16,000 respondents from across the country, it would be difficult for respondents to have a co-ordinated effort to skew the results," said Barber-Dueck.

    StatsCan has been quality controlling the responses to make sure robots or "silly answers" aren't included, and so far only two per cent have been discarded.

    The average price reported is lower than the $10-a-gram estimate used when the federal government reached a tax revenue-sharing agreement with the provinces and territories in December.

    StatsCan is crowdsourcing to gather information about why Canadians use pot — and how much they pay for it.

    In what is a first for the federal agency, it launched the cannabis crowdsourcing initiative to try to fill in information gaps as Canada gets set to legalize marijuana. The online questionnaire asks consumers what price they paid for what quantity and quality, what city it was purchased in and whether it was used to medicate or use recreationally.

    Health and safety

    The Liberal government has framed its legalization plan around health and safety, arguing a regulated regime will keep marijuana away from minors and wipe out the illicit black market.

    At a recent cabinet retreat in London, Ont., Prime Minister Justin Trudeau said anyone now purchasing pot is funding criminal organizations and gangs.

    Many experts have warned that it could take years to make a dent in the black market, as businesses ramp up to meet demand and stabilize pricing.

    Competitive pricing is considered a key factor in wiping out the black market. While illegal sellers can undercut the retail market in pricing, some consumers in other jurisdictions such as Alaska have shown a preference for the regulated, tested product purchased in a retail location, even if it is more expensive.

    Displacing black market

    Thierry Bélair, spokesperson for Health Minister Ginette Petitpas Taylor, said the legislative regime will allow a competitive legal market that aims to displace the illegal market. Provinces and territories will be responsible for regulating, distributing and overseeing the retail sale of cannabis after legalization and can set prices accordingly.

    "We are confident legalization and regulation will help dramatically reduce the market share for organized crime," Bélair said in an email.

    Under the new system, consumers will access to a product that will be regulated and tested, unlike the illegal cannabis sold now, he added.
     
    dienowk likes this.
  2.  
    dienowk

    dienowk Well-Known Member

    I never understood the $10/g price point they were aiming for, outside of MOM's and dispensaries I only saw shit prices like that during dry spells or when buying single grams with crack change back in the day.
     
  3.  
    greg nr

    greg nr Well-Known Member

    And pot growers pay less than $1/gm.
     
  4.  
    gb123

    gb123 Well-Known Member

    I already posted it hours ago chriss (they figured it out)lol

    comes from being ILLEGAL :lol:
    which it still will be if you have more than an oz on you in public..Plus 4 seeds and yer at32 grams OH OH POPO gonna take yer stash ...
     
  5.  
    kDude

    kDude Well-Known Member

    so..
    we pay less than $10 a gram, cause the price per gram goes lower as you buy bigger amounts. and most don't buy just 1 gram (or it'd be $10 in most places)

    will the legal retail do this? or is it $10 a gram (or $7 or whatever) no matter how much you buy?
    *sorry if dumb question, i've never bought legal pot. don't know if they have different pricing for eighths and quarters.

    i don't know if they'll want to be seen as promoting its use by selling higher amounts for less.. i guess they do that with alcohol though. curious.
     
    VIANARCHRIS likes this.
  6.  
    gb123

    gb123 Well-Known Member

    10 per gram all the way up!
    its 10 bucks because of it being illegal
    It costs less than a dollar/g to grow



    buying large amounts is sold by the gram but NOT AT 10/g bucks its not :lol:
    I have not personally seen anyone buy POT for 10 bucks a gram EVER in all my years of buying.
     
    kDude likes this.
  7.  
    Farmer.J

    Farmer.J Well-Known Member

    Not a dumb question... The LP's sure don't follow 'the more you buy bulk , the lower cost' for med patients, I can't see em changing for rec.
     
  8.  
    kDude

    kDude Well-Known Member

    ok thanks.
    just wondered that this morning.
    yeah; they're hooped

    really eh? that's common here for decades.. if you're just buying a gram, that is. (actually used to be $15 when i started)

    don't see many BM dealers breaking out the change jar for $7.50 grams ;-)
     
    Farmer.J likes this.
  9.  
    greg nr

    greg nr Well-Known Member

    What will be interesting is how the price to the lp's is set. If they are in fact firewalled off from retail sales, then you in essence have a monopoly buying from lp's and selling to retailers.

    Monopolies with multiple sources can pretty much set the price accross the board, and if there is an oversupply, the lowest bidder will win the sale.

    Not going to be pretty for the lp's or any producer really.
     
    The Hippy, WHATFG and Farmer.J like this.
  10.  
    Farmer.J

    Farmer.J Well-Known Member

    That's a logical way to look at it. Will this will be the needle that bursts the stock bubble?
     
  11.  
    gb123

    gb123 Well-Known Member

    no

    they'll typically MAKE A DEAL ......rather than no deal or one for FAR LESS! like the LP's will do... lmao



    15 for two grams eh "tanks Mr.. Ill cya next week ;) "

    ;)
     
  12.  
    Farmer.J

    Farmer.J Well-Known Member

    Should be $100/bushel
     
  13.  
    see4

    see4 Well-Known Member

    Nothing can stop me!
    I'm guessing you are younger than 25. Unless the only pot you've ever purchased has been top shelf.
     
    cannadan and gb123 like this.
  14.  
    mojoganjaman

    mojoganjaman Well-Known Member

    it cost's me 4 holes for 28 clones, certified soil, and free fishing at the resort...my expenses come at harvest...thank you Shearline for making my projects simpler...;))


    mojo
     
  15.  
    gb123

    gb123 Well-Known Member

    ahhh what's that? (:

    Even AAAA is less than 10 bucks a gram at a gram
    and SPECIALLY LESS all the way up! (:
    to a point then it stays put! ;)
     
    Last edited: Feb 8, 2018
    VIANARCHRIS, CalyxCrusher and see4 like this.
  16.  
    HotWaterKarl

    HotWaterKarl Well-Known Member

    lol pop goes the inflated business models. Surprise, most people pay 200$/oz including tax. pop goes the inflated tax revenue too
     
    cannadan likes this.
  17.  
    see4

    see4 Well-Known Member

     
  18.  
    Canadain Closet Gardener

    Canadain Closet Gardener Well-Known Member

    Knowing how my province operates. They have locked in long term deals. Where they buy more than they can sell at a price no one can afford.
    Cheers
    CCG
     
    WHATFG, cannadan and The Hippy like this.
  19.  
    gb123

    gb123 Well-Known Member

    babotch ;)
     
  20.  
    bigmanc

    bigmanc Well-Known Member

    Let your people know I have a bridge for sale.
     
    gb123 likes this.

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