The price of cannabis sold in Canada has continued to fall (with prices as high as $7.50 per gram in 2019 to around $4 per gram in 2025, which is only $3 per gram after you factor in excise tax). Even as wholesale inventories are \"supposedly\" drying up and many licensed producers (LPs) are shrinking in size and going with a leaner business model in order to survive, the price is continuing to fall (which is great for consumers), but terrible for LP's profit margins. One can only speculate at this point when when price will finally bottom out. I honestly can't comprehend how so many Canadian LPs have been hanging on for this long.
https://www.cannabisbenchmarks.com/canada-reports/