12-02-2019, 07:43 PM
(08-30-2019, 05:27 PM)tomh009 Wrote: The current figures show a finished goods inventory of about 50 tonnes, with a monthly total sales volume of about 10 tonnes, meaning that there is five months' worth of inventory available. Whether that's inventory of the popular strains is unknown, though.
The unfinished inventory is what really matters for this conversation, because it means LPs are sitting on vast stockpiles of dried cannabis it isn't even worth packaging to sell. There is just no point in producing more finished inventory when supply already greatly outweighs demand. OCS and the Ontario government continue to claim there is a cannabis shortage while the stockpile grows and grows, and LPs point the finger at OCS for not ordering enough inventory of readily available products. Given the government's track record here, I'm not prepared to believe LPs are all so incompetent they grew over 300 tonnes of cannabis nobody wants to buy at any price.