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The Ontario government is considering setting the retail price of recreational marijuana at around 10 Canadian dollars per gram ($8.10) come legalization next summer, raising the question of whether the price will be low enough to deter consumers from going to the black market for cheaper product.
Experts are warning provinces to keep their legal marijuana competitively priced if they hope to take a bite out of the black market, and CA$10 per gram appears to be slightly higher than what consumers have been paying for illicit cannabis, which the Parliamentary Budget Office estimated to be CA$8.64 per