September 22nd, 2024

Canadian Press NewsAlert: OCS reduces price margins to help pot shops compete

By The Canadian Press on February 16, 2023.

Chocolate edibles available for authorized retailers are displayed at the Ontario Cannabis Store in Toronto on January 3, 2020. THE CANADIAN PRESS/Tijana Martin

TORONTO – The Ontario Cannabis Store says it will be reducing its price margins in a bid to help pot retailers compete with the illicit market.

The provincial pot distributor says the pricing changes will be implemented in September and will contribute about $35 million into the marketplace this fiscal year and $60 million the year after.

More coming.

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