Producers are currently sitting on over 300,000kg of dried cannabis that has not been prepared for sale – a massive oversupply considering that Canadians only buy around 13,000 kg of cannabis a month.
Shortly after Canada became the world's largest national adult-use cannabis market, severe supply shortages forced legal pot shops to shut their doors days after opening. Now, a year later, the Great White North is suffering from the opposite problem: government-operated cannabis wholesalers are now sitting on a massive stash of cannabis that they may never be able to sell.
Since the beginning of 2019, the unfinished inventory of dried cannabis has tripled. Health Canada defines unfinished inventory as dried cannabis plant material that has not been packaged, labeled, or otherwise been prepared for sale. In January, Canadian cannabis producers had around 118,000 kilograms of unfinished inventory, but as of August, that figure grew to 328,000 kg.
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