{"id":28732,"date":"2023-07-31T01:50:26","date_gmt":"2023-07-31T05:50:26","guid":{"rendered":"https:\/\/ckms.ca\/?p=28732"},"modified":"2023-08-01T21:02:55","modified_gmt":"2023-08-02T01:02:55","slug":"ontario-is-lowering-its-markups-on-pot-as-cannabis-companies-struggle-to-stay-afloat-cbc-news","status":"publish","type":"post","link":"https:\/\/blog.ckms.ca\/?p=28732","title":{"rendered":"Ontario is lowering its markups on pot, as cannabis companies struggle to stay afloat | CBC News"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"hoverZoomLink alignright\" src=\"https:\/\/i.cbc.ca\/1.6231076.1690573307!\/fileImage\/httpImage\/image.jpg_gen\/derivatives\/original_1180\/ottawa-pot-shops.jpg\" width=\"209\" height=\"152\">Cannabis retailers and producers hope an upcoming move by Ontario\u2019s pot distributor to lower its price markups will help an industry still struggling to compete with the illicit market.&nbsp;<\/p>\n<p>Source: <em><a href=\"https:\/\/www.cbc.ca\/news\/canada\/toronto\/ontario-cannabis-pricing-wholesale-retail-1.6921175\">Ontario is lowering its markups on pot, as cannabis companies struggle to stay afloat | CBC News<\/a><\/em><\/p>\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p>tl;dr: wholesale markup reduced 31% -&gt; 25% (most) or 23% for dried flower.  not likely to make a big dent in prices.<\/p>\n\n\n\n<p>&#8220;Currently, the OCS wholesale markup adds on average 31 per cent to what&#8217;s called the landed cost of cannabis. That&#8217;s the price that licensed producers charge OCS, which includes the federal-provincial excise tax of $1 per gram.&#8221;<\/p>\n\n\n\n<p>&#8220;OCS is moving to&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/learn.ocswholesale.ca\/wp-content\/uploads\/2023\/06\/OCS-Pricing-Updates.pdf\" target=\"_blank\">new markup rates<\/a>&nbsp;of 25 per cent on most cannabis products&nbsp;and 23 per cent on dried flower.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cannabis retailers and producers hope an upcoming move by Ontario\u2019s pot distributor&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[282],"tags":[39,18,147],"class_list":["post-28732","post","type-post","status-publish","format-standard","hentry","category-article","tag-cannabis","tag-economics","tag-ontario","wpcat-282-id"],"_links":{"self":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/28732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28732"}],"version-history":[{"count":3,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/28732\/revisions"}],"predecessor-version":[{"id":28762,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/28732\/revisions\/28762"}],"wp:attachment":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}