After a century of prohibition in Canada, recreational cannabis has become legalized on October 17 making them the first major economy to do so.
This brought about a high demand for the product causing shortages on certain strains and other cannabis products.
What is currently available?
Only dried buds are available in store shelves as retailers are unable to get any shipments of cannabis oils or gel caps. Delivery in every province is very limited.
Why the shortage and what to do about it?
Two words: Licensing issues.
Processing the applications can take up to 341 days. The ministry has hired 300 additional staff to review the applications without compromising quality and public safety.
A lack of qualified greenhouse workers also contributed to the delay in the delivery of products.
A short-term solution is allowing retailers to sell products they have sourced from the black market. It could cause a supply-demand balance.
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