Canadian marijuana is a lot cheaper than in parts of the U.S. where the drug is legal, according to a report.

Priceonomics released data this week that shows cannabis being 30% cheaper in Canada compared to legal areas of the U.S.

While in the U.S. an eight of an ounce of marijuaan goes for about $40, the price in Canada is $27.90.

Priceonomics analyzed data from Wikileaf to come to their findings.

So the question is, why is it cheaper in Canada? There’s a larger supply.

β€œThere is a much longer history of legalization in Canada and, thus, a larger supply of legal marijuana growers and sellers,” the report noted.

Canada is expecting to make recreational marijuana legal this year. Medical marijuana has been legal since the year 2001.

β€œWith marijuana, as with most things, when the supply is high, the prices are not,” the report said.

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