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

you are viewing a single comment's thread
view the rest of the comments
[+] -8 points 2 years ago* (last edited 2 years ago) (2 children)
  • [–] 21 points 2 years ago (1 child)

    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.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 9 points 2 years ago (1 child)

    Economics 101: additional supply is counteracted by lower demand (meaning lower prices to compete for that demand)

  • source
  • parent
  • hideshow 2 child comments
  • [+] 4 points 2 years ago* (last edited 2 years ago) (1 child)
  • [–] 1 point 2 years ago* (1 child)

    No single company contols supply.

    if you want to decrease supply you can simply grow less

    Pick one. You can't have both. Either you have the ability to control supply or you don't.

  • source
  • parent
  • hideshow 2 child comments
  • [+] -2 points 2 years ago* (last edited 2 years ago) (1 child)