Online store cost nearly $300K to create and $200K/year to operate for just 604 users. The Northwest Territories’s online cannabis store has seen only 604 users since legalization and lost $136,000 last fiscal year. It’s on track to lose the same amount or more in 2019-2020. That’s despite a 44 per cent markup on all products sold in the online store — a profit margin which guarantees its prices are not competitive with black market…

READ MORE: https://www.cannabisculture.com/content/2020/03/13/n-w-t-s-online-cannabis-store-lost-136k-last-year/