Delta 9 CEO For another Manitoba cannabis retailer, Delta 9, who has been selling recreational marijuana since it was legalized in Canada back in 2018, they’ve been seeing the industry correcting itself after high anticipation led to a flood of cannabis stores saturating the industry.
“The industry is in the process of rightsizing itself. We are seeing suppliers across the industry decrease their capacity, shuttering facilities, selling off assets. Overall, wholesale pricing has stabilized,” said John Arbuthnot, CEO of Delta 9.
Canada set to mark 5th anniversary of cannabis legalization (citynews.ca)