Wasted Weed: Canada’s Disposal of 3.7 Million Pounds of Cannabis Since 2018 Oversupply has been a real issue for the cannabis industry.

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68 points

That makes no sense. Low content strains are perfect for all sorts of concentrates.

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43 points

Yeah, any trim or whack weeds could easily be repurposed for concentrates. Theres probably more to it than just “nobody wants it”

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47 points

The size of the market was vastly overestimated. Every pothead wanted a slice of the business, so they all started up companies thinking there was unlimited growth potential. It was rapidly saturated and now we’re in the collapse and consolidation phase, exacerbated by the higher interest rates and inflation.

Canada’s population is similar to California, but it’s producing weed enough for a country several times its size.

Plus the black market still exists, albeit in a small scope, due to price, quality, variety, or loyalty reasons.

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3 points

This is exactly what happened in Oklahoma

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2 points

My state started up sales last year and I watched the prices drop a lot over the year. It’s mostly sold in eighths and the average eighth went from $40 to $20 for high quality products

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2 points
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Whats the overall legal status of cannabis in canada?

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11 points
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It’s cheaper and probably way easier to use higher potency cannabis

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3 points

What’s more value than 100% if the product is considered worthless as flower?

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4 points

Taking a write down for tax purposes versus trying to move crap product, just like any other industry.

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4 points

There’s more than enough of that to go around.

Doesn’t make economic sense to process low value plants into low value extracts.

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7 points

Not everyone wants a 85% THC extract with a minimal CBD profile.

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6 points

It’s still more efficient with way less energy usage, wear and tear on your machines, and residue build up, to distill high potency strains into concentrates and then dilute that down to the desired potency, rather than chew through enormous amounts of plant matter to get to the same concentrate.

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