I find it hilarious that they seem to think that product grown by these large corporations is considered "high quality". Corporations don't know how to grow marijuana, they just throw a bunch of money at it and hope for the best. It's the Legacy Growers that were growing medical marijuana before legalization that produce high-quality product. Obviously I'm generalizing but Experience trumps money 9 times out of ten.
It is evident these corporations have no idea what Cannabis is, or what the customers are looking for. I work for the industry in Vancouver for almost 10 years . They are truly clueless and I do appreciate your comment as it is full of facts 👍😊
I agree, many of the companies are pulling a good number of college kids with a few 'degrees' in botany etc to grow their 'high grade' stashes lol. However, they're been searching looking for skilled/experienced growers throughout Canada over the past 20 years, long before legalization came about. They certainly weren't looking for medical growers for the experience. I still remember the want ads in the classified papers, and some I knew who had been caught in recent years growing illegally or without a license. They were offered jobs regardless of their past. Some of them were even approached while still serving time.
@@rowboat1972 lolol they grow ditch weed , irradiated it , then sell it for twice what the black market charges.. The "top notch product" they can grow , is considered a mid quality at best , yet costs $50 for a 3.5 .. And I do know what I'm talking about .
Right, they thought that the customers who wanted to legalize drugs would be law abiding and accept a slightly higher price so the state can take out tax revenue and provide safer products under worker friendly conditions. How naive of them.
@@anacc3257 Safer ? Since when is irradiating weed safer ? never seen a disgruntled weed grower before either? quite the contrary in fact . 185 million of profit in 5 months for doing absolutely nothing is far from naive of them, its robbery
The prices are ridiculous... Packaging is atrocious...it's run by the biggest money hungry criminally insane gang there is in this country. Is that a long title for a book?
I work for almost 10 years in the cannabis industry pre-legalisation. With legalisation corporations have taken over, Quality is still poor, product is very dated and it’s just not what it should be. Myself like millions of other, Canadians, prefer the black market, trusted providers that I’ve known for many years. Why would I buy cannabis from a retail outlet when I can buy an ounce of premium for about $120. Concentrate half the price, quality is there for me to pharmaceutical levels. We need to amend the Cannabis act, Failure to do so well caused the system to collapse upon itself in its futile attempt to control a market that is truly uncontrollable. No sessions for me to bring in the people that were pioneers in the industry, and fighting for legalisation for many years if not decades . Corporate bullies instead took over, I loved the store that I managed and invested financially into. We paid a very good wage, our customers and patience with Quality at affordable prices. I live in Vancouver and it’s so sad to see storefronts they’re closed that were doing so very well and trying to get into the legal system .
true, i ve only been to a government store once, high prices, and so so quality, plus products are often not even available, out of stock ... its 3 times the price smart users can pay elsewhere now ... not cheap.
Simple answer to the video for people, the government is too greedy with the prices they WANT to sell product at, and they want to make more money by making people think its okay to charge more. Sellers who have been selling for years, haven't lost their customers because the govt charges too much for too little. Same reason you still have people selling moonshine.
@J STIUK I don’t go in them, my weed days are behind me, but I see lineups outside some. Well, I did go in some to check it out and it was the standard $10.00 a gram, didn’t seem so expensive to me. It was $10 a gram when I was in high school 35 years ago. Not sure what you want it to be.
Do you expect free weed? The same people who said the black market would go away are now still abetting the black market out of greed and because the more potent and concentrated drugs can be found there. This was a failure for Canada.
Too many makers and stores….not enough people looking for the product. The government assumed Canadians were going to go crazy with the wacky weed 😂😂😂😂
It was all a ruse. Set up by the liberal government to blindside everyone into an easy vote. Most assume the conservatives wouldn't legalize it, which is false. It would have happened eventually, perhaps the conservatives would have done a better job regulating the policies too
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for........
On contrary , sometimes I pay more on the grey market from bc medical acmpr grower product because I don’t want to smoke legal trash, I spend more for the fire. The legal stuff is trash, only bc medical growers know what they’re doing, I will not spend another dollar on this legal crap weed ever
prices too high, quality too low, producers creating more product than there is demand for, excessive packaging, ineffective regulations controlling quality, and the base fact that most cannabis users aren't interested in big government and corporations profiting off of their cannabis use and controlling the market.
@@Al-lv7vg Well I'm 45 , and have smoked for 30 years , grown for 25 .. I Never had any from the gov that I'd call good at all , and at 54$ a 3.5g making it a 450$ OZ its robbery ..
@@Al-lv7vg Um absolutely zero black market growers run legal production companies.. Not the same growing styles whatsoever , and the government controls the drying and curing techniques ie: irradiating the buds for " sanitary reasons " . I don't understand your logic here .. If you can get better , for 1/3 of the price why would you defend the government and these co? unless that is you invested in one of these ditch weed growing companies lolol . Its Mc Donald's weed .. Why would you pay more for lesser quality and quantity ? When you can get a Mom and Pop 100% beef burger down the road for 60% of the price ..
Oh you think the government will lower prices do you ? lolol Thats not how that works .. You're an OG like me , so you remember the governments control over gambling right?, and in the 90 's we had 1$ lotto tickets now their 5$, or the booze they control which goes up every year, remember 2$ packs of smokes ? I won't even start on gasoline .. Now its not the increase of the costs to produce that I'm talking about , but the taxes that increased .. Anything they touch that is in demand for enjoyment purposes only increases in price year on year . You will Pay, or you will be unhappy is their motto . I know of absolutely zero illegal growers that run a major legal company .. Do some work at these companies ? of course , but they don't own or control anything .. These companies are owned by rich yupies who think its cool to sell drugs , who hired Botanists, and agro students as management.. They grow using techniques from 50 years ago . Wasting time , money, and throwing quality down the toilet..
Gov't is trying to take something that was widely considered 'free trade' in Canadian society and force it to turn large profits via taxes, fees etc etc. much like the tobacco, or the heavily gov't controlled liquor & beer markets. Hyper focused on cornering the markets by only allowing sales for years at places like The Beer Store or LCBO's. I still think the only reason they allowed the Cannabis market to be somewhat privately owned was the uncertainty or foreseeable startup instability. Once most of the market folds but stabilizes they will sweep in and do the same.
They need to let the grey market growers run their own grow and shop just like the pre legalization era in Vancouver when it was all medical/ grey market growers who grew and sold their own product. That’s when all my friends were going to the dispensary especially for that death bubba by sea to sky , now no one goes to the dispensary it’s frowned upon. The dispensaries now all have trash. They need to change it back to how Vancouver was doing it before legalization, that’s when everyone was making money and picky customers were satisfied by very high quality cup winning flower
Older consumer here... We WILL pay more for a premium product, however thats not available in the legal market. The black market still thrives on 2 things Quality and Price and as long as there are companies putting out legal cannabis thats on a pull system and not grown with love or treated like a premium product, it will flourish. The mail order black market is alive and very well in Canada right now with prices plummeting to compete with the availability of legally sourced cannabis. Premium products are EASILY sourced with reviews and pictures posted on Reddit.
I don't know what the issue is like in other provinces. Here in AB in my city prices are great. I pay around a hundreds dollars for a full ounce, less than 30 for 1 gram vape carts... Weed used to be 240 an ounce minimum off the street and sometimes I couldn't even use it BC I have allergies to terpens I only found out BC of legal cannabis stores listing them.
Because the market can only purchase from the large licensed growers that have to put millions into infrastructure, the mom and pops don't have that expense and grow a superior product. The market is larger but the consumer is sticking with the legacy producers.
Ironically enough a new report came out today stating 4.5 Billion in sales in 2022, and a YoY increase of almost 18%. So that’s 4.5 Billion away from the Black Market. And 4.5 Billion of sales on “low quality” weed as many here suggest. Imagine the sales figures if it was High Quality weed.
I pay more for grey market fire flower from grey market growers here in BCx it costs me more to buy grey market flower and I will continue to pay that . For me it’s all about quality , if it’s not the AAAA high times magazine cup winning flower I will not put it in my body. Me and all my friends never EVER buy legal dispensary or legal market government weed it’s trash and we all pay MORE for the best grey market weed we can find
I pay more for grey market fire flower from grey market growers here in BC it costs me more to buy grey market flower and I will continue to pay that . For me it’s all about quality , if it’s not the AAAA high times magazine cup winning flower I will not put it in my body. Me and all my friends never EVER buy legal dispensary or legal market government weed it’s trash and we all pay MORE for the best grey market weed we can find
1) It’s way overpriced 2) the quality is not good and it can be dried up after being packaged for months to upwards a year in some cases 3) all the names are changed and the growing practices are questionable 4) the packaging is ridiculous and is such a waste, probably bad for the environment as well. These people are criminals for trying to sell that garbage at those prices. If you want the good quality stuff you’re paying like double if not triple you would pay on the street. People need to stop buying it at all until they significantly reduce prices and improve product
Movie and TV these days are so Dystopian and Dark. World is pretty bleak these days. Wish there were more up beat stories and Good Character stories about the Triumph of the Human spirit.
Maybe because the government is mandating dispensaries and growers to dispose of millions of dollars of perfectly good cannabis every year…shame when lots of people work hard to be able to have access to cannabis, ask any dispensary worker about the cat litter they dump on millions of dollars of weed every year, when it doesn’t sell in its freshness window. Shame….😢
I pay more for grey market fire flower from grey market growers here in BC it costs me more to buy grey market flower and I will continue to pay that . For me it’s all about quality , if it’s not the AAAA high times magazine cup winning flower I will not put it in my body. Me and all my friends never EVER buy legal dispensary or legal market government weed it’s trash and we all pay MORE for the best grey market weed we can find. The legal weed in any store is inferior and trash compared to the grey market in BC grown by medical growers .
I like the esurance that some ex cop who used to bust people for it isnt getting my money through a pension plan ..true story(the board that handle alot goverment pensions including the rcmp bought a ton of cannabis stock before legalization)
And if you think the products grown are high quality that's the biggest joke of all If people weren't so frustrated about getting garbage products they'd be laughing at what a joke this system is
When Vancouver had the grey market era of medical growers and dispensaries such as the green rhino and sea to sky, that’s when bc was in its prime for quality. Since then I don’t know a single friend that buys legal dispensary weed , because they got rid of those dispensaries it’s all turned to grey market now for the best of the best smoke
Quebec does it right... No competition, growers require licenses, only the SQDC can sell, product is heavily regulated, prices are low, all profits go to the province...
The government eats too much of our profits too quickly. Small to mid sized cannabis companies cant compete with bigger fish and as a result are closing down. This pressure to succeed is also lessening the quality of work being done in the industry. I worry that workers in positions of leadership are making decisions out of fear of closure rather than 10 year + longevity. As a result, working in the industry becomes extremely chaotic. I believe a lot of this behaviour is due to the infancy of the industry as well as the approach folks in power decide to take with their workforce.
cannabis and big business just never went together. its like wine...each producer has their own take on it and you cant teach that to people who only see money and dont have passion for the flower or the culture/community
I'll say this once. The legal market sells 30% + thc content flower for approximately $80. + for 7 grams ish. The "illicit" market sells the same thing for $50. On the high end. All one has to do is look at the price structure at anyone of these dispensaries and one can see there's no comparison. A few tax dollars aren't going to help, their overhead is just too high. To put it bluntly they would have to have their highest price on 7 grams of 30% + thc flower @ $30. / shatter $10. Per gram. Vape cartridge @ $10. Per gram. (At the rez shatter is $15/ gram, vape cartridge also $15 today). So if one invests in the green market your flushing your $ down the drain. Divest and run, the illicit market has gotten costs so low there's no way to compete. Soon the industry will call for crack downs on anything that seems illicit (witch hunt ). This will be applied to the licensed medical growers of Ontario (10 plants each their allowed) remember them? It looks like a dark path coming knowing our government. Edibles require more intense scrutiny because it's food , but there's bootleg candy and everything one can imagine... Also cheap and powerful. So call me when the price gets to where I described, until then......Hey Bruh!. Gotta bag?.....
Not sure but I only buy the best of the best grey market flower. The prices that are for the best grey market flower are the same around 7 grams for 80. 1/2 oz for 140 , full oz 220. I would be happy to pay even more to support the grey market because what matters is quality, if it’s not the aaaa high times magazine stuff I will not put it in my lungs. I’ll pay more for quality any day and I’m happy my money is going to the acmpr growers / grey market operators.
Nobody wants to buy their high-priced garbage anymore at first when it became legal everybody thought it was cool but people are sick of getting ripped off
On the first issue, cannabis, the speaker isn't wrong: too many players flooding a perceived gold-mine, and couple that with the ludicrous regulation to start a grow, and it's no wonder the black/grey market dominates. Second, movie theatres serve what purpose in 2023 exactly? This industry is a hold-over from a time before TV and before high-quality internet-based content. Sure it's nice to get out, but the experience is ... Meh.
Nobody wants to spend the ridiculous amount of money the govt wants for it's crappy weed. Dry as a bone and thc levels are not what is advertised. Get rid of the containers and go with resealable bags. Lower prices and better product
Scamming investors and higher ceo salaries rewarding failure is a huge cost. Companies the Government showed little to no concern for oversight of accounting and short selling for insider profit. Shame but a fast buck I guess,
Anyone and everyone knew what the outcome was going to be. This is not rocket science. Black market weed is just as busy now or more so than it was before. Users want what they had before legalization, a strong unabated supply of the weed of their choice. I am not a user, and even I knew what the outcome was going to be.
High taxation and poor product. Pot is simply not a good drug. It is terrible, quite frankly. Less harmful than many others sure, especially alcohol, but not nearly as fun.
@@derekwoodford9955 Alcohol is a harsh mistress. It has caused immeasurable harm and death, second to no other drug, and it's not even close. Still way better than pot though lol.
overproduction of sub par inventory. too many taxes and restrictive regulations for business and consumers. and as far as the black market - many of the legal micro producers who are failing and unable to sell their product are dumping their product on the black market, also ruining it. so good job on government getting involved in weed so now almost noone is making a living.
Well, let’s see. I can either pay 10 to 18 dollars a gram for shwag or I can drive to Tyendinaga and buy 30 percent thc weed for five dollars a gram. Hmmmmmmm...........
you can only pay dividends with profit. no profit no dividends. problem is they cant profit. not sure how a business cannot profit off of weed, their excuses dont cut it
---- THC breaks down fairly quickly, even if the "product" is frozen. So supply has to match demand, or your assets depreciate. This means that when enough people have invested in the publicly traded stock, everyone will lose money. Simple really.
At this current point in time the legal and illegal market are neck and neck price wise. Incredible cannabis is cheaper than ever. Possibly the cheapest time in history to be a stoner. That's canada for you, always doing the opposite of what it intends to do XD
Come on man!! Enjoy those drugs. I know... they should get the grocery stores to sell it!! Loblaws and Metro would sell their grandmother's to be able to offer it to their loyal customers. They can place it at kid's height in the breakfast cereal isle and put cute cartoon animals along the shelves leading to it's location! Everyone loves weed. Of course, the packaging would remain "non-descript" and "bland", just like the experts in Government ordered!
you guys are funny. Older consumer, which I am, will never pay for over price garbage that the government owns. I will pay a dealer for better weed and better pricing. I support the illegal market. GREED is what is killing legal
I find it hilarious that they seem to think that product grown by these large corporations is considered "high quality".
Corporations don't know how to grow marijuana, they just throw a bunch of money at it and hope for the best.
It's the Legacy Growers that were growing medical marijuana before legalization that produce high-quality product. Obviously I'm generalizing but
Experience trumps money 9 times out of ten.
It is evident these corporations have no idea what Cannabis is, or what the customers are looking for.
I work for the industry in Vancouver for almost 10 years . They are truly clueless and I do appreciate your comment as it is full of facts 👍😊
Bingo .. They grow ditch weed then radiate it and charge twice as much as the black market .
They don’t cure.
Agreed, before legalization the marijuana I got was 10x better in quality than anything I could get in a store
I agree, many of the companies are pulling a good number of college kids with a few 'degrees' in botany etc to grow their 'high grade' stashes lol. However, they're been searching looking for skilled/experienced growers throughout Canada over the past 20 years, long before legalization came about. They certainly weren't looking for medical growers for the experience.
I still remember the want ads in the classified papers, and some I knew who had been caught in recent years growing illegally or without a license. They were offered jobs regardless of their past. Some of them were even approached while still serving time.
What do they expect, it's too expensive. Legal cannabis should have been half the price of what you could buy off the street.
It IS half the price. You have no idea what you're talking about.
@@rowboat1972 lolol they grow ditch weed , irradiated it , then sell it for twice what the black market charges.. The "top notch product" they can grow , is considered a mid quality at best , yet costs $50 for a 3.5 .. And I do know what I'm talking about .
Right, they thought that the customers who wanted to legalize drugs would be law abiding and accept a slightly higher price so the state can take out tax revenue and provide safer products under worker friendly conditions. How naive of them.
@@Al-lv7vg So the drug advocates lied?
@@anacc3257 Safer ? Since when is irradiating weed safer ? never seen a disgruntled weed grower before either? quite the contrary in fact . 185 million of profit in 5 months for doing absolutely nothing is far from naive of them, its robbery
The prices are ridiculous... Packaging is atrocious...it's run by the biggest money hungry criminally insane gang there is in this country. Is that a long title for a book?
These crys baby's are mad there black market deals got obliterated with rec lol
So. Who cares.
@@extremumadventurawho cares? Lol..ok sheep. "Baaa...baa..who cares what the government does ..Baaa" lol
I work for almost 10 years in the cannabis industry pre-legalisation.
With legalisation corporations have taken over, Quality is still poor, product is very dated and it’s just not what it should be.
Myself like millions of other, Canadians, prefer the black market, trusted providers that I’ve known for many years. Why would I buy cannabis from a retail outlet when I can buy an ounce of premium for about $120. Concentrate half the price, quality is there for me to pharmaceutical levels.
We need to amend the Cannabis act, Failure to do so well caused the system to collapse upon itself in its futile attempt to control a market that is truly uncontrollable.
No sessions for me to bring in the people that were pioneers in the industry, and fighting for legalisation for many years if not decades .
Corporate bullies instead took over, I loved the store that I managed and invested financially into. We paid a very good wage, our customers and patience with Quality at affordable prices.
I live in Vancouver and it’s so sad to see storefronts they’re closed that were doing so very well and trying to get into the legal system .
I left the industry about 5 years ago now because I was watching this happen, not surprised at all unfortunately
true, i ve only been to a government store once, high prices, and so so quality, plus products are often not even available, out of stock ... its 3 times the price smart users can pay elsewhere now ... not cheap.
Prices have not fallen
Simple answer to the video for people, the government is too greedy with the prices they WANT to sell product at, and they want to make more money by making people think its okay to charge more. Sellers who have been selling for years, haven't lost their customers because the govt charges too much for too little. Same reason you still have people selling moonshine.
There’s a weed store every three blocks.
@J STIUK I don’t go in them, my weed days are behind me, but I see lineups outside some. Well, I did go in some to check it out and it was the standard $10.00 a gram, didn’t seem so expensive to me. It was $10 a gram when I was in high school 35 years ago. Not sure what you want it to be.
@@josephsmith594 10 bucks a gram for some stick weed....
@@derekwoodford9955 I see. So how much is the good stuff?
Do you expect free weed? The same people who said the black market would go away are now still abetting the black market out of greed and because the more potent and concentrated drugs can be found there. This was a failure for Canada.
Too many makers and stores….not enough people looking for the product. The government assumed Canadians were going to go crazy with the wacky weed 😂😂😂😂
It was all a ruse. Set up by the liberal government to blindside everyone into an easy vote. Most assume the conservatives wouldn't legalize it, which is false. It would have happened eventually, perhaps the conservatives would have done a better job regulating the policies too
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for........
Cheaper to buy from the black market or online 😂😂😂😂😂
even cheaper to grow a few plants during summer
cheaper AND better quality.
I grow my own indoors .
On contrary , sometimes I pay more on the grey market from bc medical acmpr grower product because I don’t want to smoke legal trash, I spend more for the fire. The legal stuff is trash, only bc medical growers know what they’re doing, I will not spend another dollar on this legal crap weed ever
prices too high, quality too low, producers creating more product than there is demand for, excessive packaging, ineffective regulations controlling quality, and the base fact that most cannabis users aren't interested in big government and corporations profiting off of their cannabis use and controlling the market.
Black market product is better than anything that can be bought in stores!
@@Al-lv7vg lol, where can you buy good quality legal weed? I haven't seen it. I live on Vancouver Island though, the stuff grows everywhere.
@@Al-lv7vg Um no , you get trash ditch weed from the government ..
@@Al-lv7vg Well I'm 45 , and have smoked for 30 years , grown for 25 .. I Never had any from the gov that I'd call good at all , and at 54$ a 3.5g making it a 450$ OZ its robbery ..
@@Al-lv7vg Um absolutely zero black market growers run legal production companies.. Not the same growing styles whatsoever , and the government controls the drying and curing techniques ie: irradiating the buds for " sanitary reasons " . I don't understand your logic here .. If you can get better , for 1/3 of the price why would you defend the government and these co? unless that is you invested in one of these ditch weed growing companies lolol .
Its Mc Donald's weed .. Why would you pay more for lesser quality and quantity ? When you can get a Mom and Pop 100% beef burger down the road for 60% of the price ..
Oh you think the government will lower prices do you ? lolol Thats not how that works .. You're an OG like me , so you remember the governments control over gambling right?, and in the 90 's we had 1$ lotto tickets now their 5$, or the booze they control which goes up every year, remember 2$ packs of smokes ? I won't even start on gasoline ..
Now its not the increase of the costs to produce that I'm talking about , but the taxes that increased .. Anything they touch that is in demand for enjoyment purposes only increases in price year on year . You will Pay, or you will be unhappy is their motto .
I know of absolutely zero illegal growers that run a major legal company .. Do some work at these companies ? of course , but they don't own or control anything .. These companies are owned by rich yupies who think its cool to sell drugs , who hired Botanists, and agro students as management..
They grow using techniques from 50 years ago . Wasting time , money, and throwing quality down the toilet..
Government regulated.
Gov't is trying to take something that was widely considered 'free trade' in Canadian society and force it to turn large profits via taxes, fees etc etc. much like the tobacco, or the heavily gov't controlled liquor & beer markets. Hyper focused on cornering the markets by only allowing sales for years at places like The Beer Store or LCBO's. I still think the only reason they allowed the Cannabis market to be somewhat privately owned was the uncertainty or foreseeable startup instability. Once most of the market folds but stabilizes they will sweep in and do the same.
Because they chose to rename all the strains and over package whenever possible.
The over packaging is typically a regulation issue. Most companies have changed course and gone back to proper strain names.
They need to let the grey market growers run their own grow and shop just like the pre legalization era in Vancouver when it was all medical/ grey market growers who grew and sold their own product. That’s when all my friends were going to the dispensary especially for that death bubba by sea to sky , now no one goes to the dispensary it’s frowned upon. The dispensaries now all have trash. They need to change it back to how Vancouver was doing it before legalization, that’s when everyone was making money and picky customers were satisfied by very high quality cup winning flower
Who would have thought stoners would be anti capitalist
Older consumer here... We WILL pay more for a premium product, however thats not available in the legal market. The black market still thrives on 2 things Quality and Price and as long as there are companies putting out legal cannabis thats on a pull system and not grown with love or treated like a premium product, it will flourish. The mail order black market is alive and very well in Canada right now with prices plummeting to compete with the availability of legally sourced cannabis. Premium products are EASILY sourced with reviews and pictures posted on Reddit.
I don't know what the issue is like in other provinces. Here in AB in my city prices are great. I pay around a hundreds dollars for a full ounce, less than 30 for 1 gram vape carts...
Weed used to be 240 an ounce minimum off the street and sometimes I couldn't even use it BC I have allergies to terpens I only found out BC of legal cannabis stores listing them.
Those prices are crazy , I need to visit Canada 😂
Because the market can only purchase from the large licensed growers that have to put millions into infrastructure, the mom and pops don't have that expense and grow a superior product. The market is larger but the consumer is sticking with the legacy producers.
How do we circumvent the gov tax and get those people to where they belong, licensed and making profit?
Taxes are always a problem
Ironically enough a new report came out today stating 4.5 Billion in sales in 2022, and a YoY increase of almost 18%. So that’s 4.5 Billion away from the Black Market. And 4.5 Billion of sales on “low quality” weed as many here suggest. Imagine the sales figures if it was High Quality weed.
Government weed is to expensive.
Swiping left on woke comic book movies.
I pay more for grey market fire flower from grey market growers here in BCx it costs me more to buy grey market flower and I will continue to pay that . For me it’s all about quality , if it’s not the AAAA high times magazine cup winning flower I will not put it in my body. Me and all my friends never EVER buy legal dispensary or legal market government weed it’s trash and we all pay MORE for the best grey market weed we can find
I pay more for grey market fire flower from grey market growers here in BC it costs me more to buy grey market flower and I will continue to pay that . For me it’s all about quality , if it’s not the AAAA high times magazine cup winning flower I will not put it in my body. Me and all my friends never EVER buy legal dispensary or legal market government weed it’s trash and we all pay MORE for the best grey market weed we can find
1) It’s way overpriced
2) the quality is not good and it can be dried up after being packaged for months to upwards a year in some cases
3) all the names are changed and the growing practices are questionable
4) the packaging is ridiculous and is such a waste, probably bad for the environment as well.
These people are criminals for trying to sell that garbage at those prices. If you want the good quality stuff you’re paying like double if not triple you would pay on the street. People need to stop buying it at all until they significantly reduce prices and improve product
Movie and TV these days are so Dystopian and Dark. World is pretty bleak these days. Wish there were more up beat stories and Good Character stories about the Triumph of the Human spirit.
That's why hubby and I don't go watch them. The world is depressing enough without paying to see more.
Maybe because the government is mandating dispensaries and growers to dispose of millions of dollars of perfectly good cannabis every year…shame when lots of people work hard to be able to have access to cannabis, ask any dispensary worker about the cat litter they dump on millions of dollars of weed every year, when it doesn’t sell in its freshness window. Shame….😢
All of their cannabis belongs in the garbage
I pay more for grey market fire flower from grey market growers here in BC it costs me more to buy grey market flower and I will continue to pay that . For me it’s all about quality , if it’s not the AAAA high times magazine cup winning flower I will not put it in my body. Me and all my friends never EVER buy legal dispensary or legal market government weed it’s trash and we all pay MORE for the best grey market weed we can find. The legal weed in any store is inferior and trash compared to the grey market in BC grown by medical growers .
Oh really?
Because they sell it at insane premiums
I like the esurance that some ex cop who used to bust people for it isnt getting my money through a pension plan ..true story(the board that handle alot goverment pensions including the rcmp bought a ton of cannabis stock before legalization)
And if you think the products grown are high quality that's the biggest joke of all If people weren't so frustrated about getting garbage products they'd be laughing at what a joke this system is
When Vancouver had the grey market era of medical growers and dispensaries such as the green rhino and sea to sky, that’s when bc was in its prime for quality. Since then I don’t know a single friend that buys legal dispensary weed , because they got rid of those dispensaries it’s all turned to grey market now for the best of the best smoke
Quebec does it right... No competition, growers require licenses, only the SQDC can sell, product is heavily regulated, prices are low, all profits go to the province...
The government eats too much of our profits too quickly. Small to mid sized cannabis companies cant compete with bigger fish and as a result are closing down.
This pressure to succeed is also lessening the quality of work being done in the industry. I worry that workers in positions of leadership are making decisions out of fear of closure rather than 10 year + longevity. As a result, working in the industry becomes extremely chaotic.
I believe a lot of this behaviour is due to the infancy of the industry as well as the approach folks in power decide to take with their workforce.
cannabis and big business just never went together. its like wine...each producer has their own take on it and you cant teach that to people who only see money and dont have passion for the flower or the culture/community
I'll say this once. The legal market sells 30% + thc content flower for approximately $80. + for 7 grams ish. The "illicit" market sells the same thing for $50. On the high end. All one has to do is look at the price structure at anyone of these dispensaries and one can see there's no comparison.
A few tax dollars aren't going to help, their overhead is just too high. To put it bluntly they would have to have their highest price on 7 grams of 30% + thc flower @ $30. / shatter $10. Per gram. Vape cartridge @ $10. Per gram. (At the rez shatter is $15/ gram, vape cartridge also $15 today). So if one invests in the green market your flushing your $ down the drain. Divest and run, the illicit market has gotten costs so low there's no way to compete. Soon the industry will call for crack downs on anything that seems illicit (witch hunt ). This will be applied to the licensed medical growers of Ontario (10 plants each their allowed) remember them? It looks like a dark path coming knowing our government. Edibles require more intense scrutiny because it's food , but there's bootleg candy and everything one can imagine...
Also cheap and powerful. So call me when the price gets to where I described, until then......Hey Bruh!. Gotta bag?.....
Not sure but I only buy the best of the best grey market flower. The prices that are for the best grey market flower are the same around 7 grams for 80. 1/2 oz for 140 , full oz 220. I would be happy to pay even more to support the grey market because what matters is quality, if it’s not the aaaa high times magazine stuff I will not put it in my lungs. I’ll pay more for quality any day and I’m happy my money is going to the acmpr growers / grey market operators.
The whole industry is pathetic.
Government does NOT belong in the For Profit business.......................
Nobody wants to buy their high-priced garbage anymore at first when it became legal everybody thought it was cool but people are sick of getting ripped off
On the first issue, cannabis, the speaker isn't wrong: too many players flooding a perceived gold-mine, and couple that with the ludicrous regulation to start a grow, and it's no wonder the black/grey market dominates.
Second, movie theatres serve what purpose in 2023 exactly? This industry is a hold-over from a time before TV and before high-quality internet-based content. Sure it's nice to get out, but the experience is ... Meh.
I go to one occasionally, they serve a good food line.
Just a theory, but excessive government taxes.
In other words, government interference.
Because the government is involved.
The reason is that the product is terrible. The irradiation step degrades the quality.
Grow some 16-20 week satvias and you will see the value of cannabis go up,and more diverse product and better quality
Nobody wants to spend the ridiculous amount of money the govt wants for it's crappy weed. Dry as a bone and thc levels are not what is advertised. Get rid of the containers and go with resealable bags. Lower prices and better product
I mean you can grow your own, I myself don't smoke. Don't care.
By all means go to a dispo,but I promise you there is better product in the neighborhood,herb is about the people not the profit
Scamming investors and higher ceo salaries rewarding failure is a huge cost. Companies the Government showed little to no concern for oversight of accounting and short selling for insider profit. Shame but a fast buck I guess,
I think the main reason is the black market is cheaper
It’s a weed anyone can grow. Mystery solved lol
Anyone and everyone knew what the outcome was going to be. This is not rocket science. Black market weed is just as busy now or more so than it was before. Users want what they had before legalization, a strong unabated supply of the weed of their choice. I am not a user, and even I knew what the outcome was going to be.
Over priced, low quality, chemicals still in the flower, never know what you're buying.
The weed industry struggles because you have a bunch of bankers and basement growers that HAVE NO IDEA WHAT THEY ARE DOING. PERIOD.
Probably to make Canadians happy? Now, together with grasshoppers and cannabis, life will be wonderful? And Canadians won't ask unpleasant questions?
High taxation and poor product.
Pot is simply not a good drug. It is terrible, quite frankly. Less harmful than many others sure, especially alcohol, but not nearly as fun.
I've been smoking weed for almost 30 years and I disagree. I don't like booze, even a sip of beer makes me feel gross.
@@derekwoodford9955 Alcohol is a harsh mistress. It has caused immeasurable harm and death, second to no other drug, and it's not even close.
Still way better than pot though lol.
Came here for the comments, gives a good idea of what the truth is in the market. Legal is expensive, period.
overproduction of sub par inventory. too many taxes and restrictive regulations for business and consumers. and as far as the black market - many of the legal micro producers who are failing and unable to sell their product are dumping their product on the black market, also ruining it. so good job on government getting involved in weed so now almost noone is making a living.
Sorry.. but 55 inch TV isn’t massive...
the garden gnomes are smoking it.
Well, let’s see. I can either pay 10 to 18 dollars a gram for shwag or I can drive to Tyendinaga and buy 30 percent thc weed for five dollars a gram. Hmmmmmmm...........
Odd that 7-Eleven is seeing its highest earnings. Hmmmmmmmmmmmm
Because they dont allow amazon or 7/11 to sell.
Cannabis stocks would be better with dividend yields
you can only pay dividends with profit. no profit no dividends. problem is they cant profit. not sure how a business cannot profit off of weed, their excuses dont cut it
To much tax
---- THC breaks down fairly quickly, even if the "product" is frozen. So supply has to match demand, or your assets depreciate. This means that when enough people have invested in the publicly traded stock, everyone will lose money. Simple really.
You don't freeze weed. That would be a bad idea.
This is what happens when you are a nation of debtors, living off of debt. You'll do anything for tax revenue. Gee... you'll even sell weed. LOL!!
Small potato mindset. Taking a larger portion of the global market should be the goal, rather than profit off of our own.
so, drug trafficking? it's not legal in a lot of places.
Oh gee I dunno, same reason everything else is poorly managed in this country.
Big number big motivation 🧸
No every Canadian does drugs.
lol, just the "cool" ones...
Too fllooded
how can that be, is the employee smoking all the profits? LOL
At this current point in time the legal and illegal market are neck and neck price wise. Incredible cannabis is cheaper than ever. Possibly the cheapest time in history to be a stoner. That's canada for you, always doing the opposite of what it intends to do XD
Because of government interference...... illegal grow ops are profitable.......I wonder....hmmmm...its so simple....but yap yap yap....
Another liberal success story lol.
Come on man!! Enjoy those drugs. I know... they should get the grocery stores to sell it!! Loblaws and Metro would sell their grandmother's to be able to offer it to their loyal customers. They can place it at kid's height in the breakfast cereal isle and put cute cartoon animals along the shelves leading to it's location! Everyone loves weed. Of course, the packaging would remain "non-descript" and "bland", just like the experts in Government ordered!
Girl power?
Наверно, чтобы канадцы были счасливы? Теперь вместе с кузнечиками и каннабисом жизнь будет прекрасна? И канадцы не будут задавать нериятные вопросы?
What kind of awkward questions do we ask Vlad ?
Because its cold - effing import from countries where it naturally grows.
??
Canada grows billions of dollars worth of weed every year.
Government lol
what is this, propaganda?
Hahahahahahahahiahahahahahahhahahahahahshahahahahahahah jay rosenthal gets paid by all those producers to interview them. Conflict of interest?lol
Re women characters in movie ... she wants more strong woemn lol
That's all there is now.
The woke.never satisfied
Weed put me in a pycosis and ended up in hospital. Never again !
you guys are funny. Older consumer, which I am, will never pay for over price garbage that the government owns. I will pay a dealer for better weed and better pricing. I support the illegal market. GREED is what is killing legal
thats cus no one wants pay taxes on weed or 400$ a oz for this government growing senthetic weed. ill stick to growing my own organic weed
Cuz they are smoking it all themselves
we want clones