- According to data from Priceonomics, Cannabis is 30% cheaper in Canada than in the parts of the U.S.
- Canadian Prime Minister Justin Trudeau and his party, the Liberal Party, have backed nation-wide legalization, signaling if the bill does pass, ” recreational marijuana sales could be legal as soon as this summer.”
In Canada, getting high off marijuana doesn’t come at a high cost—at least compared with the U.S.
Cannabis is 30% cheaper in Canada than in the parts of the U.S. where it is legal, according to a report released this week from data analysis firm Priceonomics. In the U.S., an eighth of an ounce of marijuana costs $40 on average, versus just $27.90 in Canada.
To produce its report, Priceonomics analyzed data from Wikileaf, a company that tracks the price of weed at dispensaries across the U.S. and Canada.
The report also found regional differences in marijuana prices. Cannabis is most expensive in San Francisco, where an eighth of an ounce costs $43.80. Meanwhile, it’s cheapest in Vancouver, Canada, where it will set consumers back only $27.10 for an eighth.
Canadian marijuana consumers benefit from a larger supply
Medical marijuana has been legal in Canada since 2001, which has allowed for a larger legal cannabis industry to take hold in the country. “There is a much longer history of legalization in Canada…