Amfil Technologies Inc (FUNN)

[dcbass]

More MJ news: Uh-oh: Canada is facing a marijuana shortage — only one year out from when recreational cannabis becomes legal.

From the New York Post: “Vancouver-based Lift, a marijuana media platform in Vancouver, estimates Canada’s cannabis industry has enough funding to boost production to between 400,000 and 500,000 kilograms a year.

“But Lift CEO Matei Olaru told The Post the demand for pot is expected to reach 655,000 kilograms during the first year alone of across-the-board legalization.”

Can’t say we didn’t see this coming: As we pointed out back in the spring — when Canada’s legalization plans were coming into view — Canadian cannabis will be subject to a regulatory crazy quilt: Producers will be licensed at the national level. But distributors and sellers will be regulated on the provincial level… and the provinces will also be able to control prices.

Oh well. Regulatory hiccups aside, the legalization train has left the station. Between Canada and California, recreational weed becomes legal next year for 21% of the combined U.S. and Canadian population.