‘We’re going to have a shortage’ – New Canada LPs won’t be ready to meet rec marijuana demand

By Matt Lamers

Canadian regulators have been approving new marijuana producers at a speedier clip, but it may not be enough to avert a supply shortfall when the nation’s recreational cannabis market rolls out next summer.

Few, if any, of Canada’s newest licensed producers (LP) will be in a position to seriously meet demand for recreational cannabis next July, when legalization is slated to go into force across the country, according to industry insiders.

That’s because, after a producer is licensed to cultivate marijuana, one to two years usually elapse before an LP gets a permit to sell

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‘We’re going to have a shortage’ – New Canada LPs won’t be ready to meet rec marijuana demand is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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