Read on Twitter
NEW: After a years-long buildout, has total licensed cannabis greenhouse area finally peaked in Canada?
Though licensed outdoor area doubled in 2020 to August.
Where's all the production going to go?
@qnp @GoBlueCdn & @Michaelconunaa shared insight:
https://mjbizdaily.com/canadian-cannabis-greenhouse-space-in-retreat-as-outdoor-capacity-doubles/
Though licensed outdoor area doubled in 2020 to August.
Where's all the production going to go?
@qnp @GoBlueCdn & @Michaelconunaa shared insight:
https://mjbizdaily.com/canadian-cannabis-greenhouse-space-in-retreat-as-outdoor-capacity-doubles/
Month after month of record cannabis sales in Canada have barely dented weed inventory amassed by Canadian producers.
That differs from wholesalers & retailers, which largely manage inventory like normal businesses, drawing it down when they can and adding to it when necessary.
That differs from wholesalers & retailers, which largely manage inventory like normal businesses, drawing it down when they can and adding to it when necessary.
Demand has never been the issue.
And to be clear, we're talking about the country's largest producers who built airport-sized greenhouses before knowing what they'd make or who their customers were. It was great for their stock prices—until the strategy spectacularly backfired.
And to be clear, we're talking about the country's largest producers who built airport-sized greenhouses before knowing what they'd make or who their customers were. It was great for their stock prices—until the strategy spectacularly backfired.
