Canadian Cannabis company will sell marijuana for less than $5 per gram

Canadian Cannabis company will sell marijuana for less than per gram

Weed smokers living in Quebec are about to see much lower prices in the legal market. Starting tomorrow, cannabis company HEXO is rolling out a new line of ultra-affordable flower. Ultimately, the new product line will give Canadians a chance to purchase larger quantities of weed. Additionally, the weed will be sold at super-low prices that work out to be less than $5 per gram. HEXO Introduces “Original Stash” The new line of flower from HEXO is called Original Stash. According to a press release from the company, Original Stash will come in one-ounce packages. That’s a marked difference from traditional weed sales, which typically sell in smaller eighth-ounce quantities. The new line of smokable flower isn’t only focused on selling in larger packages. It will also offer much lower prices than those typically seen in the legal market. Specifically, HEXO will sell the one-ounce packages of flower for $125.70, including sales tax. That works out to $4.49 per gram. For now, HEXO will start with a hybrid sativa strain. The company calls this pilot strain OS.210. And HEXO reports that the strain comes in at 12-18 percent THC. Trying to Undercut the Illegal Market HEXO developed this new line of dried flower primarily to compete with—and ultimately undercut—the illegal marijuana market. The company said that the price point was calculated to compete with black market prices. “It is becoming increasingly difficult for the average consumer to distinguish products that are legal, versus those that are not,” HEXO CEO and co-founder Sebastien St-Louis said in the press release. “Our aim with Original Stash is to disrupt the illicit market, educate consumers about the value of a regulated and tested product, and drive them to purchase their cannabis legally.” He added: “We’re now competing directly with the illicit market and providing…

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