Statistics Canada revealed on Wednesday that the costs for a gram of legal cannabis, post-legalization, has cost $10.25 while comparable illicit weed has on average cost $6.18 since October 17.

Well, a $4.07 dollars per gram may not seem like much, it actually equals to about a 65% disparity.

This is higher than the 50% cost difference in 2018 when Canada first legalized cannabis.

At the time, legal weed sold on average for $9.82 in Canada and illegal pot sold for $6.51, according to Statistics Canada.

If you haven't put two and two together yet, this means the average price for a legal gram of cannabis has been on the rise while illicit cannabis prices have been declining.

The most recent Statistics Canada data showed that in the second quarter of 2019, the average sale price for a gram of legal weed was $10.65 while a gram of illegal weed was $5.93, That is a 79% difference.

The data from Statistics Canada shows that the legal market is getting less competitive over time, that said ideas for solutions are already being considered.

One idea is the federal government could quickly get rid of the minimum tax amount, and simply tax cannabis on its wholesale value.

This would immediately allow for discount products to hit the shelves, which would put downward pressure on prices. 

Changing production regulations to be more in line with food-grade rules, as opposed to pharmaceutical-grade restrictions, could go a long way in terms of reducing costs, which are passed on to consumers through lower prices.