Ontario Cannabis Store to reduce its margins, estimates change will inject $35M into marketplace
$35M figured expected to grow to $60M in 2024-25 and compound annually as market grows
www.thegrowthop.com
Ontario Cannabis Store to reduce its margins, estimates change will inject $35M into marketplace
$35M figured expected to grow to $60M in 2024-25 and compound annually as market growsAuthor of the article:
The GrowthOp
The price for regulated cannabis products has dropped significantly since the start of 2019, when the average cost per gram was $11.78, according to a market report from Deloitte Canada, market research form BDSA and Hifyre Inc., the technology subsidiary of Fire & Flower Holdings Corp.
Issued last November, the report found the average cost per gram had dropped to $7.50 in 2021.
11.78 to 7.50 a nice drop of 4.28 so close to the 420 eh. I almost feel sorry for the illegal growers that are still around but not for long.