Indopedia All Things Marijuana
Canada is still on track to legalize recreational use of cannabis as of July 1st, 2018. Health Canada estimates that between four to six million Canadians will legally use recreational cannabis next year, but experts are concerned that the country’s cannabis industry will be unable to supply enough weed to meet this massive demand.
Canada currently has around 170,000 medical marijuana patients, but many cannabis producers regularly run short of strains or sell out of their products, according to cannabis investment analyst and consultant Aaron Salz. When “the taps are turned on” for recreational weed, Salz is “highly confident” that the country is “going to have a supply shortage.”
The combination of recreational legalization and a shortage of legal marijuana would send Canadians in search of illegal sources of pot, which compromises one of the government’s primary goals in legalization – destroying the black market.
Health Canada is working to help with the projected supply issues, streamlining the application process and doubling the number of staff assigned to review applications. The agency is giving priority to the 137 applications that have already…
