See all the potential revenue the US federal government is missing out on?
Health Canada markup on government-certified dope 1,500 per cent: documents :
The federal government charges patients 15 times more for certified medical marijuana than it pays to buy the weed in bulk from its official supplier, newly released documents show.
Critics say it's unconscionable to charge that high a markup to some of the country's sickest citizens, who have little income and are often cut off from their medical marijuana supply when they can't pay their government dope bills.
Records obtained under the Access to Information Act show that Health Canada pays $328.75 for each kilogram of bulk medical marijuana produced by Prairie Plant Systems Inc.
The company currently has a $10.3-million contract with Health Canada, which expires at the end of September, to grow standardized medical marijuana in an abandoned mine shaft in Flin Flon, Man.
I've always wanted to work in an abandoned mine shaft in Flin Flon, Manitoba too.
Sounds as if the Canadian government decided to price their (admitably dirt weed quality) cannabis based on street market price, that is if one were only buying nickel bags. Perhaps a government employee strolled down Yonge Street, copped, and used their experience as the basis of the pricing matrix?
Street prices for marijuana are about $10 a gram for small quantities, or about twice Health Canada's price, though bulk street purchases with few middlemen can match or better the government price. Compassion clubs charge as low as $5 a gram, the same price as government dope.
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