Canada is running out of marijuana
Max A. Cherney
2 hrs ago Canadian provinces are struggling to keep legal marijuana in stock and available.© Bloomberg News/Landov Canadian provinces are struggling to keep legal marijuana in stock and available. Just more than a week after Canada became the first G-7 nation to legalize marijuana for adult recreational use, provincial sellers are reporting supply shortages and other difficulties getting the product to consumers.
Federal government officials and executives at major marijuana producers around the country warned MarketWatch in past interviews that the first weeks — even months — would not run like clockwork following Oct. 17 legalization. The dearth of bricks-and-mortar retail locations in some of the country’s largest provinces, a rotating national postal strike which has hampered online orders and a backlog in federal licensing have all worked together to exacerbate what was already a challenging undertaking.
“Yes, the long-eluded-to ‘supply crunch’ is now a reality,†Deepak Anand, vice president of business development and government relations at marijuana-consulting company Cannabis Compliance Inc., said Friday. “Licensed producers are certainly looking to supply more product.â€
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http://www.msn.com/en-us/money/markets/canada-is-running-out-of-marijuana/ar-BBOWSnQ?ocid=ientp