Canadian CBD Supply Outpacing Demand, Says Health Canada
Sep 16, 2019
As Canadians gear up for the commercial availability of cannabis concentrates and edibles, it has emerged that the stock outs that have plagued the recreational segment of the cannabis industry will not manifest in the CBD oil arena because the existing supplies outstrip the user demand for those products.
A report authored by Health Canada, the federal government agency overseeing the cannabis industry, indicates that the sales statistics show that demand for marijuana flower grew by 4.7 percent in June from the level it was a month earlier. However, there was a 2.1 percent drop in the sales of cannabis oils within…
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