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Cannabis retailers in both Canada and the US are slashing prices more than ever
Store operators on both sides of the border are selling products at deeper discounts than ever, according to MJBizDaily
Per data collected by Headset:
Discounts on flower in Washington state reached 23% in April
Discounts on flower in Nevada totalled more than 20%
Discounts in Canadian provinces are lower, but higher than they’ve ever been: Ontario’s topped at 4.1% in April
Krista Raymer, founder of Toronto’s Vetrina Group, attributes the trend to the huge number of brands and products available, which have led to “bulging” inventories of unsold goods.