RE:Aurora Cloud Yourfishman wrote: Months ago Aurora announced their innovative Aurora Cloud CDB Vape cartridges . They were available on the Aurora Medical Website for maybe a day or two . Since then they have been listed as restocking and I check back daily as I want to try them . Are they selling them to an overseas market , haven’t got enough oil to make them or is there a problem in manufacturing ? They sounded like they were very excited when they were launched as they were the only legal ones available
All the companies providing the products to Canada were caught short. The good news is that before the legalization, many bashers said there would be too much cannabis. All the companies are improving their production and making deal to support the market. It could take one to up to three years to be able to produce enough weed for the market which is a very good news. They will sell their products, the market is there.
Canada's pot shortage could last up to 3 years, executives warn
Canada’s pot shortage could last as long as three years, according to industry executives who say production estimates are too rosy.
Shortages have plagued the country since recreational marijuana was legalized in October. In response, Quebec’s government-controlled stores have closed three days a week, Alberta has temporarily stopped issuing retail licenses and Ontario has said it will initially open just 25 stores across Canada’s most populous province.
As of mid-December, about 50 per cent of products for sale in five provinces were out of stock, according to Cowen & Co. analyst Vivien Azer.
This situation could continue for as long as three years, said Chuck Rifici, chief executive officer of Toronto-based Auxly Cannabis Group Inc.
“There’s a lot of execution risk, people are expanding by 10, 20 times,” Rifici said in an interview at an AltaCorp Capital conference in Toronto Tuesday. “Personally, I think we’re at least three years out from hitting real equilibrium.”
Facing Delays
While smaller producers will face hurdles including access to capital and expertise, even the larger companies are likely to face delays as they open new facilities and refine their production methods, Rifici said.
“Ultimately any manufacturing facility growing 20 times is likely to face delays,” he said.
Greg Engel, CEO of Organigram Holdings Inc., predicted it will be “a couple years” before the supply shortages are solved, while Everett Knight, executive vice president for strategy and investments at Valens Groworks Corp., said it will take two to three years.
“It’s harder to grow cannabis than most people think,” Knight said, adding that producers tend to underestimate how many plants they’ll lose to problems like mold.