(This is the second installment in an occasional series on profits, losses and the burgeoning Canadian cannabis industry. Part 1 is available here.)
The Ontario Cannabis Store said Tuesday it is conducting “a holistic review” of its approach to pricing – including the markup it imposes on private marijuana companies – after MJBizDaily estimated the government-owned wholesaler is the most profitable cannabis business in Canada.
The move comes as some industry sources have complained governments are skimming too much from cannabis producers and retailers in margins and levies, effectively leaving little on the table for anyone else in the supply chain.
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In announcing a review of its pricing practices, the OCS cited the need to win over consumers from the illicit cannabis market while providing greater price transparency and a “meaningful return” for the provincial government.
“As Ontario’s retail marketplace continues to grow, the OCS is undertaking a holistic
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