No Shortage? A Cannabis Analysis
Oh Stampy.... Why U Do Dis? |
An analysis of the current Canadian cannabis market has been released by Prof. Michael Armstrong of Brock University, with the conclusion that there is NO SHORTAGE.
Specifically, that the hold up is less with the current state of production, and more with a major hold up in the distribution chain, due to one tiny little stamp.
The federal excise stamp is required on every single unit of ganja and is the responsibility of any cannabis supplier to adhere it properly and report all duty as paid. It's the little holographic tag, similar to provincial tobacco tags, that shows specifically WHERE it's for sale.
Although federally mandated to prevent inter-provincial bootlegging, these stamps are produced in extremely secure and expensive fashions to make them nearly impossible to counterfeit. But-
THEY FORGOT TO PUT GLUE ON THEM.
So it has been the challenge for new business, to find a way to glue these on, one... at... a... time.
Because there is not machine to do this yet. Of course.
Apparently there are thousands of tons of cannabis sitting in storage, right now. Waiting for final trimming, curing, packaging, tagging and transport. The provincial distributing models in Ontario, Alberta and Quebec have all denied that they're the problem. The LP's are denying they're the problem. And everyone is pointing fingers wanting answers.
Prof. Armstrong concluded: things should be improving soon- as there is certainly no shortage of inventory or licensed producers. What does seem to be missing- is higher THC strains, cheaper options, or smaller craft grows with higher quality ( only 1 LP in BC!)
If the government wants a bigger piece of the black markets pie, I suggest investing in a streamlined way of getting these stickers onto their little boxes as quickly as possible. And letting the little guys who actually know how to grow cannabis get in the game.
( Note to self: Invent sticker machine and then get rich)
A link to the piece in question:
https://brocku.ca/brock-news/2019/01/armstrong-wheres-the-weed-clues-to-canadas-cannabis-shortages/
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