At 25 Cents a Gram to Produce, is Outdoor-Grown Cannabis the Key to Lower Legal Prices?
At 25 Cents a Gram to Produce, is Outdoor-Grown Cannabis the Key to Lower Legal Prices?
Ontario outdoor cannabis grower 48North says it produced flower at this fall’s harvest for 25 cents a gram, far lower than indoor growers’ cost of $2 a gram. 48North’s lowest-priced dried flower will end up selling at retail in Quebec for under $7 a gram in a 3.5-gram container, Canada’s cheapest legal cannabis sold in that size. Lower-cost outdoor grows, the company’s CEO argues, are key to competing with the illegal market on price. “When…
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