"There is not currently enough legal supply of marijuana to actually supply all the recreational demand in Canada," said economist Rosalie Wyonch of the C.D. She also reviewed the demand patterns in Colorado and Washington after those states legalized recreational cannabis use. "But as the year progresses, what we'll see is either prices in the legal market will have to rise, or we'll actually see the supply shortage." "We're concerned about the second or the third orders, when the storage facilities at the licensed producers start to get a bit bare." Like many other licensed producers, Canopy Growth has a vault full of cannabis ready for Oct. 17 and beyond.

Source: CBC News October 03, 2018 07:52 UTC