Posted in

Ontario’s licensed cannabis producers losing revenue to black market

Adult-use cannabis sales in Canada are in the weeds.

A report from the firm Ernst and Young, commissioned by the Cannabis Council of Canada, found licensed producers in Ontario saw their share of sales revenue fall to 60.8% in April 2022 from 74.2% in July 2019.

I don’t partake so have no idea about the quality or price offered by either side. Something says the street will win however.

Share