Cannabis Supply I'm pretty sure I have seen it in an earlier post that the current cannabis usage numbers (although Illegal) seem to call for higher supply demands than currently possible. I mean if we look at California there are already concerns of a supply shortage. Do you guys think that Canada will have similar issues, not all of Aurora's Cannabis will stay in Canada, and same with other suppliers/producers. Not to mention that those claiming that there will be over supply issues can look back at pre-legalization San Francisco California where there were fears of price decreases once legal the mood shifted to the opposite as supply diminishes.
- https://mjbizdaily.com/san-francisco-cannabis-report-consumption-spike-prices-plummet/
- https://www.leafly.com/news/industry/after-california-cannabis-stockpiles-go-up-in-smoke-whats-next
Also Canadian producers are already factoring in tighter margins so all this fearful news doesn't seem justified.
Price per gram in Canada expected to be under $10CAD ($8.10 USD)
Price per gram in San Francisco is $11.40CAD (9.27 USD)
- https://www.mercurynews.com/2018/02/01/marijuana-mapped-the-price-of-weed-across-the-u-s/