The BC Liquor Distribution Branch, which operates BC Cannabis Stores, rejected claims by private REC store operators that the province pays less for wholesale product.
- Grower Aaron W Anderson suggested the BC LDB was being evasive and not disclosing where its real margins actually are.
Twitter–@AaronWAnderson
A BC LDB spokesperson said “I think the private retailers had a bit of an advantage” because many operated in the grey market before being licensed.
Castanet, Kelowna Daily Courier, StratCann
- REC retailers expressed outrage at the comment. Industry consultant Natasha Raey responded the province didn’t “actually use any of their own money like the rest of us did.”
Twitter–@CalyxTrichomes, @LakeCityCanna, @NatashaRaey
Rumour has it BC will open private delivery and online sales before 2021, and farm-gate sales next year.
Twitter–@drowbb
- BC consumers still prefer the legacy market, buying $1.24B worth of unlicensed cannabis in 2019. Some see potential in getting talented unlicensed producers to enter the licensed sector.
Global News, GrowthOp