GREY:ALEAF - Post by User
Post by
truthseeker1on Nov 12, 2019 11:16am
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Post# 30339903
Huge unsold stockpiles of WEED in canada
Huge unsold stockpiles of WEED in canada Canadian cannabis producers and extractors are sitting on a massive stash of unfinished inventory that is growing so quickly that some analysts are concerned it could precipitate a price crash in the burgeoning industry.
Since January of 2019, the amount of unfinished inventory of dried cannabis has nearly tripled, reaching a staggering 328,000 kilograms at the end of August. That compares to roughly 118,000 kilograms eight months earlier, according to Health Canada data.
Read more at https://stockhouse.com/news/newswire/2019/11/07/too-much-weed-canadian-cannabis-producers-are-sitting-on-mountain-inventory#kDPCawpvs1iwTo1X.99