Canada’s cannabis shortage could be over quicker than we thought, researcher says
Right now though, provincial retailers are pointing towards significant shortages
Financial Post (Canada)
Friday, February 1, 2019
Friday, February 1, 2019
If Canada’s licensed cannabis producers continue ramping up production at their current exponential pace, there will be more than enough pot to meet the government’s projected demand by the end of 2019, predicts one cannabis researcher who conducted an analysis of the government’s most recent data. While some have suggested shortages in the sector could last for years, Brock University professor Michael Armstrong argues that barring any unforeseen circumstances that supply concerns will be resolved much more quickly than that. Total legal production of cannabis began drastically increasing about six months before legalization, Armstrong notes, as evidenced by how quickly cannabis inventories were growing.
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