Why Is Black Market Weed Still Doing Well in Canada?

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Summary

Read on for a look at how Canada’s legal market is progressing so far, and what hurdles it may have to overcome to truly compete with the black market. While recreational cannabis has been legal in Canada for over six months, black market weed sales are still significant in the country. To Rewak, it is not so much a matter of “fighting” the black market, but instead of integrating it into the current legal market. That is a significant number of cannabis users turning to the black market, despite legal purchasing options available. The price difference might be what is drawing people to black market cannabis.

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While recreational cannabis has been legal in Canada for over six months, black market weed sales are still significant in the country.

In the first half of 2019, Statistics Canada reported in August that 42 percent of cannabis consumers bought the drug from illegal sources, up from 38 percent in the first three months of 2019.

That is a significant number of cannabis users turning to the black market, despite legal purchasing options available.

It...

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