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

    • @[email protected]
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      428 months ago

      Yeah, any trim or whack weeds could easily be repurposed for concentrates. Theres probably more to it than just “nobody wants it”

      • Troy
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        468 months ago

        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.

          • Uglyhead
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            48 months ago

            And people from all around Oklahoma traveled there just for their low prices.

        • @[email protected]
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          28 months ago

          My state started up sales last year and I watched the prices drop a lot over the year. It’s mostly sold in eighths and the average eighth went from $40 to $20 for high quality products

          • @[email protected]
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            158 months ago

            It’s legal all across Canada at the federal level. The provinces have the ability to regulate administrative aspects such as where it can be sold, who can sell it, how much it is taxed, where it can be grown, etc.

            However, unlike the USA, criminal law is the same across the whole country. There are no provincial criminal codes. So, provinces have no ability to criminalize cannabis.

    • Nomecks
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      8 months ago

      It’s cheaper and probably way easier to use higher potency cannabis

        • Nomecks
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          48 months ago

          Taking a write down for tax purposes versus trying to move crap product, just like any other industry.

    • @[email protected]
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      48 months ago

      There’s more than enough of that to go around.

      Doesn’t make economic sense to process low value plants into low value extracts.

        • @[email protected]
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          68 months ago

          It’s still more efficient with way less energy usage, wear and tear on your machines, and residue build up, to distill high potency strains into concentrates and then dilute that down to the desired potency, rather than chew through enormous amounts of plant matter to get to the same concentrate.