Wasted Weed: Canada’s Disposal of 3.7 Million Pounds of Cannabis Since 2018 Oversupply has been a real issue for the cannabis industry.
There are 20 sqdc in quebec. Trois-Rivieres, my hometown, has a single one which is ± 20 min away from my house while Montreal, which has 10x more people than my town has only 8 of them.
Im unsure about the black market in other town, but my coworker still grow 30-40 tree/yrs outside.
Shops are everywhere in BC. I have two within walking distance.
I for one volunteer to pitch in
Lower the price???
It’s puff, puff, and then pass.
How about we change the title juuuuust a bit…
Since 2018 Canada Destroyed 3.7 Million Pounds of Cannabis Rather Than Let Prices Fall
How does throwing away cannabis prevent prices from falling?
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.
Okay but…couldn’t they just NOT grow more instead?
That would have been the smart thing to do but they continued to grow when it wasn’t selling fast enough to begin with so I don’t think we’re talking about the most brilliant minds.
That’s not really that accurate. The article explicitly says that much of the waste is caused by growers who overproduced low quality weed, when most of the market is focused on really high potency cannabis.
I miss low quality weed, I feel like I get too high now. Maybe I’m just getting old lol
There was a giggle quality to that old nineties brick weed that the modern stuff just doesn’t have.
The experience went from, “that stain in the carpet is hilarious. Who threw my burrito against the wall?” to, “the cosmic, like, existence, is, whoa, did I think that? I can’t find my face.”
Modern stuff is so potent that I can’t stay conscious on even the smallest of hits. Great for sleep aid, useless for doing anything.
Sometimes I just wanna laugh at Ren and Stimpy while I’ve got a pile of cheeseburgers in a feed bag strapped around my neck, you know?
Can one compost old weed? Turn it into weed mulch? Could someone buy it wholesale and make something else? This feels like a problem a little R and D could solve.
In high school, weed mulch was all we had.
Oregon has way too much pot too. I’m starting to see signs for $20 ounces. Pretty soon they’ll be giving it away free with a fill-up.
Yes, I realize it’s illustrating how old I am to talk about fill-up freebees like it’s still the 1990s.
Export or stop making so much (or discount it, or give it away).
«Industry expert and consultant Farrell Miller notes that the majority of this discarded product was destroyed for being too old and having too little THC. “There is no demand for old and low-THC products, so manufacturers of finished products are not buying this biomass as inputs,” she said. “It’s likely low-quality material with no value. “As consumers become more savvy with packaging dates on dried cannabis products, this trend will only continue.”»
They claim nobody wants it
Supply and demand. No one wants it for the price they’re charging.
I don’t think you understand that the bottom end of the weed market in Canada is literally $0 per giant ziplock bag of homegrown that your friend can’t possibly smoke all of.
People arent willing to pay anything for low quality weed because it literally grows on trees… 1lb per plant is a very modest yield for Southern / Eastern Ontario growing conditions and will yield ~1814g or ~5442 normal sized joints, ~15 / day, every single day of the year. And it literally takes no extra work than typical gardening until harvest season … There’s just no market for low quality weed.
Then it’s time to start selling 2 ziplock bags at $1. We’re fucking late stage capitalism, companies need to realize, just because they build it, doesn’t mean they get to charge whatever the fuck they want. If they can’t compete with your friend’s shitty leftover weed, then maybe they’re in the wrong business, because even McDonald’s can sell shitty fake meat burgers for $1.
That makes no sense. Low content strains are perfect for all sorts of concentrates.
There’s more than enough of that to go around.
Doesn’t make economic sense to process low value plants into low value extracts.
Yeah, any trim or whack weeds could easily be repurposed for concentrates. Theres probably more to it than just “nobody wants it”
The size of the market was vastly overestimated. Every pothead wanted a slice of the business, so they all started up companies thinking there was unlimited growth potential. It was rapidly saturated and now we’re in the collapse and consolidation phase, exacerbated by the higher interest rates and inflation.
Canada’s population is similar to California, but it’s producing weed enough for a country several times its size.
Plus the black market still exists, albeit in a small scope, due to price, quality, variety, or loyalty reasons.
It’s cheaper and probably way easier to use higher potency cannabis
So why is their hemp industry not thriving. They should be making fabrics and paper with it.
I think Hemp is a different species that has low amounts of thc.
Same species! The line between them is actually pretty blurry and some strains are inbetween. They’re just different general ‘types’ within the same species
They should sell it for biomass fuel. :)
This just in, huffing your cars exhaust gets you H.I.G.H.
They could have free weed events for tourism. I’ve been meaning to drive up there.
It’s probably got a lot to do with the market being relatively new. I imagine things will settle down in the coming years as producers gain real data to base demand estimates off of.
Also, I think initially some people were conflating support for legalization with actual demand. There are many people that support legalization who don’t actually use the product.
Hey man. I’m just like… Doing my best.
Me too, eh! Rolls another one, while singing “Oh Canada…”.
Bring in the army before it’s too late. /s
It’s a weird way to frame misspeculating and overestimating demand, but whatever makes you feel better, industry.
Sounds like the price is too high. Stupid fucking government. How dare you pride yourself on high prices. Are you not trying to disrupt the illegal trade? Why the fuck are you using their numbers, retards? GEE WHY ISNT ANYBODY BUYING OUR GREEDY FUCKING OUNCES and man, you should see the fucking website. Doug ford can go fuck himself with a forklift.
Try this amazing philosophy: if you can make that much, but can’t sell that much, it’s cuz it ain’t worth that much not cuz nobody will buy it. Unless it’s, you know, shit. AND FURTHERMORE, since clearly the government is going to read this, you might want to doublecheck that quality control isn’t just taking the cheque and AFKing, cuz from this end that’s how it looks!
I mean we throw away groceries in the same fashion, I think that’s just how capitalism works
Pot shop on every corner in Ontario. Shops are usually empty anytime I go in. Picking up whole ounces for $100. It was a scam run by the province to sell dispensary licenses because Doug Ford only knows how to run scams instead of doing good business based on good policy.
Really depends where you are. But there’s a massive oversaturation in some areas. Downtown Stouffville for example has like 15 right now. Stouffville has a population of 40,000. but at the same time, they are also serving other areas who have no shops. For example Markham and Richmond Hill both opted to ban sales of pot in their areas, as well as public consumption (bylaw)
I hate Ford. But I don’t have a problem with anyone who wants a license being able to get one. Cannabis is a luxury product and like all retail/consumer luxury goods, there’s no need to regulate the business for “success”. let the free market sort this out. Yes some of them will fail. That’s free market.
If the shop you frequent is almost always empty, it’s likely because it’s not a well regarded shop or chain. The store I go to (not chain) always has people in it. Even when I show up at 9am for opening, there is always people in it. but it’s also a little further away from any other pot shops and has a good reputation
