Ontario Chamber Welcomes OCS Price Changes, But Further Reforms Still Needed

(TORONTO– February 17, 2023) – Today, the Ontario Chamber of Commerce’s (OCC) Vice President of Policy Daniel Safayeni and Co-Chair of the OCC’s Ontario Cannabis Policy Council (OCPC) released the following statement in reaction to the Ontario Cannabis Store’s margin reduction announced this week:

“This announcement is a welcomed first step to support the viability of the cannabis industry in Canada. The OCPC has advocated for margin reductions and pricing transparency alongside a number of other policy reforms that would help the legal sector compete more effectively against the illegal market, which still represents approximately half of all cannabis sold in Ontario.

“Much more work lies ahead, and we look forward to continuing to work with the OCS, AGCO, and all levels of government on other concrete measures we can take to support the growth of the industry and protect public health.”

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About the Ontario Chamber of Commerce
The Ontario Chamber of Commerce (OCC) is the indispensable partner of business and Canada’s largest, most influential provincial chamber. It is an independent, not-for-profit advocacy and member services organization representing a diverse network of 60,000 members. The OCC’s mission is to convene, align and advance the interests of its members through principled policy work, value-added business services and broad engagement to drive competitiveness and economic growth in the province.

For more information, please contact:
Michelle Eaton
Vice President, Public Affairs
michelleeaton@occ.ca | Mobile: (647) 261-4594