Yellowknife — July 7, 2020
The Northwest Territories Liquor and Cannabis Commission (NTLCC) announced today that it has reduced the price of all cannabis products by 10%.
NTLCC’s decision to reduce prices supports the objective to eliminate illegal cannabis sales in the Northwest Territories. With close to two years of legal sales, NTLCC has a better understanding of the operating costs associated with the distribution and sale of cannabis and is confident that it can reduce the price of these products while continuing to maintain a safe and secure retail regime.
In the NWT, legal cannabis can only be purchased from five NWT liquor stores (Yellowknife, Hay River, Fort Smith, Norman Wells and Fort Simpson) and online through the NTLCC’s online sales platform.
Quote
“The Government of the Northwest Territories is committed to eliminating the illegal sale of cannabis by providing residents with legal access to safe and secure products. Today’s announcement is one of many steps that need to be taken to accomplish this goal. We will continue to assess the operations of the Northwest Territories Liquor and Cannabis Commission to find more ways to curb the illegal sale of cannabis in the Northwest Territories in a socially responsible manner.”
- Caroline Wawzonek, Minister of Finance
Quick facts
· The price decrease took effect on July 2, 2020 and applies to all cannabis products sold by NTLCC.
· NTLCC is committed to the responsible use of all liquor and cannabis products by NWT residents.
Related links
· Federal-Provincial-Territorial Agreement on Cannabis Taxation
For more information, please contact:
Todd Sasaki
Senior Communications Officer
Department of Finance