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

    • masterspace@lemmy.ca
      link
      fedilink
      English
      arrow-up
      1
      ·
      10 months ago

      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.

      • zaph@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        0
        ·
        10 months ago

        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.

          • zaph@sh.itjust.works
            link
            fedilink
            English
            arrow-up
            1
            ·
            10 months ago

            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.