Horgan says B.C. cannabis profits hampered by illegal market, policing costs
The Canadian Press Published Monday, December 2, 2019 12:39PM PST Last Updated Monday, December 2, 2019 2:42PM PST
Workers put the finishing touches on the sign at the BC Cannabis Store in Kamloops, B.C. Oct. 16, 2018. (Twitter/@molkoreports)
B-C Premier John Horgan says a number of factors have conspired against large cannabis profits for the province in the first year since recreational marijuana was legalized.
Horgan says the illegal market doesn't have the same operating costs as the legal market.
And he says the province has also had to absorb policing costs.
He says there was a public expectation that legalizing marijuana would lead to a financial boon for the province, but that hasn't been the case.
This report by The Canadian Press was first published Dec. 2, 2019.