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submitted 1 year ago by sik0fewl@kbin.social to c/canada@lemmy.ca

With high taxes, a saturated market and few options, some of Canada's legal cannabis producers are struggling.

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[-] Dearche@lemmy.ca 5 points 1 year ago

I don't really have any sympathy here. I mean, if prices are too low, that means that either competition is too high, or the product isn't as popular as people thought it would be.

Either way, the legalization is doing what it's supposed to do: squeeze out illegal trade and prevent this money from reaching the hands of criminals. I bet that no back alley dealer wants to touch weed with a ten foot pole as there's no way for them to make any real profit anymore.

this post was submitted on 19 Aug 2023
39 points (91.5% liked)

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