Estimated recreational demand far exceeds supply on hand, C.D. Howe Institute says.
Licensed cannabis producers have vaults of marijuana, stocked with thousands upon thousands of kilograms ready for Oct. 17, but industry analysts are already predicting all that pot won’t meet demand during the first year of legal recreational use.
“There is not currently enough legal supply of marijuana to actually supply all the recreational demand in Canada,” said economist Rosalie Wyonch of the C.D. Howe Institute, a public policy think-tank.
“We didn’t have enough producers far enough ahead from legalization that they’ll actually be able to deliver enough product to market by the time legalization happens.”
– Read the entire article at CBC News.