this post was submitted on 10 Jan 2024
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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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[–] Cheers@sh.itjust.works 8 points 10 months ago (1 children)

Supply and demand. No one wants it for the price they're charging.

[–] masterspace@lemmy.ca 4 points 10 months ago* (last edited 10 months ago) (1 children)

I don't think you understand that the bottom end of the weed market in Canada is literally $0 per giant ziplock bag of homegrown that your friend can't possibly smoke all of.

People arent willing to pay anything for low quality weed because it literally grows on trees... 1lb per plant is a very modest yield for Southern / Eastern Ontario growing conditions and will yield ~1814g or ~5442 normal sized joints, ~15 / day, every single day of the year. And it literally takes no extra work than typical gardening until harvest season ... There's just no market for low quality weed.

[–] Cheers@sh.itjust.works 0 points 10 months ago (1 children)

Then it's time to start selling 2 ziplock bags at $1. We're fucking late stage capitalism, companies need to realize, just because they build it, doesn't mean they get to charge whatever the fuck they want. If they can't compete with your friend's shitty leftover weed, then maybe they're in the wrong business, because even McDonald's can sell shitty fake meat burgers for $1.

[–] Alenalda@lemmy.world 1 points 10 months ago

I haven't seen a 1$ burger at McDonald's in almost 5 years.