Wasted Weed: Canada’s Disposal of 3.7 Million Pounds of Cannabis Since 2018 Oversupply has been a real issue for the cannabis industry.

  • IrateAnteater@sh.itjust.works
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    10 months ago

    It’s probably got a lot to do with the market being relatively new. I imagine things will settle down in the coming years as producers gain real data to base demand estimates off of.

    Also, I think initially some people were conflating support for legalization with actual demand. There are many people that support legalization who don’t actually use the product.

    • masterspace@lemmy.ca
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      10 months ago

      That’s not really that accurate. The article explicitly says that much of the waste is caused by growers who overproduced low quality weed, when most of the market is focused on really high potency cannabis.

      • zaph@sh.itjust.works
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        10 months ago

        When demand is high and supply is low they raise prices but when supply is high and demand is low they don’t lower prices, the lower supply.

          • zaph@sh.itjust.works
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            10 months ago

            That would have been the smart thing to do but they continued to grow when it wasn’t selling fast enough to begin with so I don’t think we’re talking about the most brilliant minds.

  • Sdnimm543@slrpnk.net
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    10 months ago

    It’s a weird way to frame misspeculating and overestimating demand, but whatever makes you feel better, industry.

  • BobbyNevada@discuss.tchncs.de
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    10 months ago

    Can one compost old weed? Turn it into weed mulch? Could someone buy it wholesale and make something else? This feels like a problem a little R and D could solve.

  • 👍Maximum Derek👍@discuss.tchncs.de
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    10 months ago

    Oregon has way too much pot too. I’m starting to see signs for $20 ounces. Pretty soon they’ll be giving it away free with a fill-up.

    Yes, I realize it’s illustrating how old I am to talk about fill-up freebees like it’s still the 1990s.

  • rab@lemmy.ca
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    10 months ago

    I mean we throw away groceries in the same fashion, I think that’s just how capitalism works

    • dangblingus@lemmy.dbzer0.com
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      10 months ago

      Scholz’s “Berlin-only-3-dispensary-see-how-it-goes” plan is insultingly bad. Clearly Germans want weed. Give it to them. Canadian productivity and Uruguayan productivity didn’t slump when we legalized.

  • dangblingus@lemmy.dbzer0.com
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    10 months ago

    Pot shop on every corner in Ontario. Shops are usually empty anytime I go in. Picking up whole ounces for $100. It was a scam run by the province to sell dispensary licenses because Doug Ford only knows how to run scams instead of doing good business based on good policy.

  • Slayan@lemmy.ca
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    10 months ago

    There are 20 sqdc in quebec. Trois-Rivieres, my hometown, has a single one which is ± 20 min away from my house while Montreal, which has 10x more people than my town has only 8 of them.

    Im unsure about the black market in other town, but my coworker still grow 30-40 tree/yrs outside.