Let’s face it, the federal government has always outlined it quite clearly that of course marijuana legalization targets snuffing out the black market as well as curbing the issue of profits falling into the hands of criminals.

The issue has been of grave concern to the government and time and time again it has embarked into seeking top most solutions. However, frustrations have become the order of the day! From the latest news, the government has made one more step and according to it, the only thing that could assure them of merit was to first come to an agreement in regards to what an average legal weed should cost.

A lot of speculation has as a matter of fact rent the air with a lot of people wondering what exactly pot legalization will spell out for schools. At the moment we all do understand that the provinces will be tasked with setting up the price of legal marijuana.

According to the November report, the federal Task Force on Cannabis Regulation as well as Legalization moved aged to offer a very good explanation behind why pricing had to be such a tricky balancing act.

It is important that the taxes be raised since that will go a long way towards limiting growth of consumption but at the same time low enough to actually pose competition with the illicit market.

Predatory pricing to say the very least has been quite problematic, and according to top company officials there needs to be the set up of effective mechanisms such as the minimum pricing.

But what exactly does the black market marijuana costs? This is a very important question in this context. First of all, there is need to first and foremost establish a definitive price for let’s say a market item. However, illicit dispensaries in Toronto do sell a single gram of marijuana for $10 on a regular basis.

If really the government is serious in its quest to actually bust up the black market, the associated taxes need to be in such a way that they do not raise the price of legal marijuana above that of the illicit product.


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