Canada’s Chronic Shortage of Legal Cannabis Expected to Drag Out for Years
One industry insider expects shortage to continue until 2022, as more legal cannabis diverted to edibles.
Canada’s persistent shortage of legal cannabis could drag on for years. The impending legalization of edible pot will only divert more product away from empty store shelves across the country. One industry insider said he now expects that shortage to endure until 2022.
“If it was just the current product set, I’d say a year to 18 months,” said Chuck Rifici, CEO of the Toronto-based cannabis company Auxly.
“But because we have edibles and a bunch of new product types coming in October, I think it’ll be the better part of three years before we have true equilibrium and oversupply in the space.”
– Read the entire article at CBC News.