Last October, there were about 1.1 billion grams of harvested or processed cannabis in storage, and 95 percent of it is still there. It’s “assumed to be largely unsaleable” according to MJBiZDaily’s Matt Lamers, either because it’s spoiled or because there’s too much available already. Canadians spent $2.6 billion on legal cannabis last year, far short of the $6.5 billion that was projected.
Source: The Walrus
