Tuesday, May 03, 2022 2:00:51 PM
@matt_lamers
UPDATE: Canadian cannabis producers supply/demand production
In the past 24 months of available data, regulated stores & wholesalers combined inventory (units) rose 19%
?? Inventory (units) at federal licence holders rose 164% ??
Completely unsustainable
And that doesn't even include *unpackaged* production/inventory, which in the latest month of available data was 1,147,704,000 grams.
That's 1.1 billion grams of new inventory.
And this is from September, so pre-croptober!
Matt Lamers
@matt_lamers
May 2
Ironically, this supply/demand mismatch is mostly being fueled and funded by the financial institutions which cover these stocks, reporting at a granular level and bemoaning their billions in losses over the years
¯\_(?)_/¯
May 2
Replying to
@matt_lamers
1000 stores opened in ontario alone from oct to jan
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4h
Replying to
@matt_lamers
Only fools bought into the legal system enjoy your loss
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