the_post_of_tom_joad,

How about we change the title juuuuust a bit…

Since 2018 Canada Destroyed 3.7 Million Pounds of Cannabis Rather Than Let Prices Fall

Kanda,
helenslunch,

How does throwing away cannabis prevent prices from falling?

zaph,

When demand is high and supply is low they raise prices but when supply is high and demand is low they don’t lower prices, the lower supply.

helenslunch,

Okay but…couldn’t they just NOT grow more instead?

zaph,

That would have been the smart thing to do but they continued to grow when it wasn’t selling fast enough to begin with so I don’t think we’re talking about the most brilliant minds.

bitwaba,

Economics 101: additional supply is counteracted by lower demand (meaning lower prices to compete for that demand)

helenslunch,

Economics 102: no single company controls supply. If you don’t make it, someone else will.

Also if you want to decrease supply you can simply grow less, there’s no need to throw out perfectly good product.

bitwaba,

No single company contols supply.

if you want to decrease supply you can simply grow less

Pick one. You can’t have both. Either you have the ability to control supply or you don’t.

helenslunch,

I very obviously meant that you could control your own personal supply by growing less.

Can’t help but notice you didn’t actually contradict my statement though.

bitwaba,

I didn’t have to. You contradicted yourself.

helenslunch,

I see, so you’re just going to double down on your own misunderstanding after I’ve already clarified it to you. Makes sense.

bitwaba,

You seem like you’ve got all the answers already. Why bother asking a question?

masterspace,

That’s not really that accurate. The article explicitly says that much of the waste is caused by growers who overproduced low quality weed, when most of the market is focused on really high potency cannabis.

pineapple_pizza,

I miss low quality weed, I feel like I get too high now. Maybe I’m just getting old lol

Got_Bent,

There was a giggle quality to that old nineties brick weed that the modern stuff just doesn’t have.

The experience went from, “that stain in the carpet is hilarious. Who threw my burrito against the wall?” to, “the cosmic, like, existence, is, whoa, did I think that? I can’t find my face.”

Modern stuff is so potent that I can’t stay conscious on even the smallest of hits. Great for sleep aid, useless for doing anything.

Sometimes I just wanna laugh at Ren and Stimpy while I’ve got a pile of cheeseburgers in a feed bag strapped around my neck, you know?

Uglyhead,
@Uglyhead@lemmy.world avatar

Helps to mix with CBD at whatever ratio you may need. A good mellow CBD like Charlotte’s Angel is nice.

Alteon,

Edibles, particularly gummies. I get a couple oz and make my own oil. Then use that to make my own gummies. You can really dial in how much you want/need if you use gummy molds (i.e. 2.5 bears = chill; 5= moon; 10=fucking Pluto, Andromeda, I don’t know…what the fuck is happening?)

Shit also GREATLY extends your weed as well. I went from smoking 2oz over like 4 months, the 2oz lasting a whole year because gummies are more potent. It also helps your lungs and doesn’t make you feel like shit afterwards. Veeeery clean highs.

Bo7a,

Hey man. I’m just like… Doing my best.

sighofannoyance,
@sighofannoyance@lemmy.world avatar

You’ve been bested 😱 😜 😂

ForestOrca,
ForestOrca avatar

Me too, eh! Rolls another one, while singing "Oh Canada...".

CanadaPlus,

Bring in the army before it’s too late. /s

Slayan,

There are 20 sqdc in quebec. Trois-Rivieres, my hometown, has a single one which is ± 20 min away from my house while Montreal, which has 10x more people than my town has only 8 of them.

Im unsure about the black market in other town, but my coworker still grow 30-40 tree/yrs outside.

zipzoopaboop,

Shops are everywhere in BC. I have two within walking distance.

Meanshadows35,
@Meanshadows35@lemmy.world avatar

I’ll take some bricks right here.

TIMMAY,

ayo send me some I can pick up the slack

buzz86us,

Why not use it to build homes?

AngryCommieKender,

Hempcrete is a thing!

dangblingus,

Pot shop on every corner in Ontario. Shops are usually empty anytime I go in. Picking up whole ounces for $100. It was a scam run by the province to sell dispensary licenses because Doug Ford only knows how to run scams instead of doing good business based on good policy.

Sprawlie,

Really depends where you are. But there’s a massive oversaturation in some areas. Downtown Stouffville for example has like 15 right now. Stouffville has a population of 40,000. but at the same time, they are also serving other areas who have no shops. For example Markham and Richmond Hill both opted to ban sales of pot in their areas, as well as public consumption (bylaw)

I hate Ford. But I don’t have a problem with anyone who wants a license being able to get one. Cannabis is a luxury product and like all retail/consumer luxury goods, there’s no need to regulate the business for “success”. let the free market sort this out. Yes some of them will fail. That’s free market.

If the shop you frequent is almost always empty, it’s likely because it’s not a well regarded shop or chain. The store I go to (not chain) always has people in it. Even when I show up at 9am for opening, there is always people in it. but it’s also a little further away from any other pot shops and has a good reputation

Theprogressivist,
@Theprogressivist@lemmy.world avatar

Ricky LaFleur is probably pissed.

sighofannoyance,
@sighofannoyance@lemmy.world avatar
Sprawlie,

Want to Chime in since there’s a lot of weird misinformation and conjecture in the comments:

The over-production was a business decision by many of the producers. A bad one. But they knew they were producing more flower than the Canadian market needed at any price point. Dropping price down isn’t going to dramatically increase the consumption as polling / research by stats can shows the people smoking todtay, are the same who were smoking illegally before, and that the overall Cannabis market (while huge) isn’t something that was ballooning.

I had invested in numerous stocks in the industry back when legalization started to gain ground. As an investor and reading the reports, one thing was clear. Everyone of the biggest producers believed they were going to be international gods of pot and be able to sell world wide. Many hedged billions on producing enough flower for the American market with hopes that the US would follow along very shortly.

These poor business decisions led to the large producers, such as Canopy, and Aurora from making over-building production to the point that even if they shut several of their operations, they would still over-produce for the Canadian market.

at the end, this was some MBA deciding that profit margins would be higher by writing off the excess weed instead of spending additional resources to use it in other products (it still can be used for extracts and edibles even if low quality)

This is what happens when you create a new industry (Producers) and let it be run by the MBA’s and giant businesses instead of those who are actually involved in the industry in the first place.

as soon as I saw these happening I sold out on their stocks. IOf you go look up these companies current valuations, they’re almost worthless and worth pennies compared to when they started due to their horrific management. (Aurora Cannabis lost 1 Billion in a year)

Buddahriffic,

Though even the derivative products are still competing with the other products. You don’t really need to get high from flower and an extract. You might get both for variety, but consumption of one will slow consumption of the other.

And yeah, it was dumb to assume that even if the US legalized it that there wouldn’t suddenly be a bunch of US producers wanting to get in on it. It’s not hard to figure out how to produce it. The plant can grow in all kinds of conditions and the hardest part is keeping it from reproducing more than you’d like.

Sprawlie,

but consumption of one will slow consumption of the other.

Someone needs to tell my wallet this :p

Smoogs,

End stage capitalism: when you realize the population you’re selling to has a finite number and neglect to scale to parameter and still feel like you’re owed.

SendMePhotos,

This is a huge problem I have with America. It’s okay to stop growing at a certain point. Increases don’t have to be infinite.

Smoogs,

Yeah there is a lot of toxic beliefs surrounding money there. Take the stock market for example: where they count ‘potential gain’ as their money before it has a chance to pan out. counting their chickens before they hatch and if it doesn’t come true then they expect insurance on it as if it’s a true loss and they’ve been a victim of robbery.

And Bail outs shouldn’t be a thing. Especially on businesses that abandon their employees to rely on tipping culture. That’s the wrong definition for bailing out someone.

BingoBangoBongo,

Can they sell it to Michigan, or would that be a problem federally speaking?

Sprawlie,

Not under current US Federal regulations. While individual states have somewhat legalized it. US Federal regulations have it strictly prohibited and illegal. So it is illegal to import.

these companies had banked on US federal deregulation happening faster.

BingoBangoBongo,

They over estimated America’s intelligence.

jpreston2005,

more like underestimating republicans stupidity

cashews_best_nut,

Yeah, all very interesting Mr Canada Money Bags.

I just wanna know when you’re gonna post me some free weed to the UK?

Sprawlie,

Well, not keen on being on an international criminal list for illegal exports of Cannabis products. I’m no Mark Emery (thats good).

But if you find yourself in the GTA, I would gladly take you to a pot shop and give you my recommendations.

ulterno,
@ulterno@lemmy.kde.social avatar

Time to repurpose the land for growing real food rather than pollutants.

sighofannoyance,
@sighofannoyance@lemmy.world avatar

Actually hemp decontaminates the soil by removing toxic compounds.

ulterno, (edited )
@ulterno@lemmy.kde.social avatar

And people just use it spew mind-altering substances into the air, causing it to affect even those who didn’t ask for it.

BTW, hemp can also be used for cooking. But they’d rather smoke it.

sighofannoyance,
@sighofannoyance@lemmy.world avatar

Are you canadian? 🙊

ulterno,
@ulterno@lemmy.kde.social avatar

Evening weather report: 14 degrees C, Smoke (Yes, smoke, not smog) Average AQI of over 400 and I’m pretty sure the sensors are in a better area than the residential one I live in. People filling the already crowded area with all kinds of smoke ranging from tobacco to whatever weeds they find to wet pieces of wood. There’s problematic gasses seeping into my room at ~0100 right when I’m getting comfortable while sleeping, makes me wake up with a headache. Result: Increased overall fatigue; Reduced ability to work; Reduced QOL.

I have a pretty good reason to have a problem with smokers. Automotive pollution stopped being a direct health hazard ever since laws for keeping the Catalytic Converters in working condition started being enforced.

P.S.: Forgot to say: Guess my location with this.

dangblingus,

“Mind altering” bro, it’s weed, not LSD.

ulterno,
@ulterno@lemmy.kde.social avatar

it’s weed, not LSD.

And what do you smoke it for ?

Zaphod,

Send it to Germany :)
We need it soon (hopefully)

dangblingus,

Scholz’s “Berlin-only-3-dispensary-see-how-it-goes” plan is insultingly bad. Clearly Germans want weed. Give it to them. Canadian productivity and Uruguayan productivity didn’t slump when we legalized.

Sprawlie,

no, but if you listened to the advertising by my local MP’s and Mayor, it destroyed the fabric of this country and the worst decision any government has done in Canadian history

BonesOfTheMoon,

I’ve never used cannabis in my life, but last year I got a wild hair and decided to buy a gummy. It had no effect on me save for wanting to go to bed early, but I did my part y’all.

dangblingus,

Gummies in Canada have really really low levels of THC due to regulation. You have to eat like, a bunch to feel any kind of significant high.

BonesOfTheMoon,

Ok good to know. Maybe I’ll try again.

Kbobabob,

You bought “a gummy”? i had no idea that they sold singles.

BonesOfTheMoon,

Yes they do!

Cracks_InTheWalls,
@Cracks_InTheWalls@sh.itjust.works avatar

Yep - single 10 mg gummies are a thing. Less common than 2 x 5 mg but there’s a couple.

The Health Canada cap is problematic - how much of this biomass could’ve been used to produce varying higher doses of edibles that actually match what most consumers want? (aside from cannabis newbies dipping their toe in - anecdote, not data, but those are the only folks I really see buying these. Everyone else makes their own or buys higher dosed ones off the unregulated market)

Sprawlie,

how much of this biomass could’ve been used to produce

All of it.

Not even edibles. If they wanted to spend some additional resources, they could have made extracts, oils, edibles, etc out of this biomass. Even low quality weed will have THC and other Cannabis that can be removed via numerous extractions methods.

The fact that instead of doing that, they’re cutting their losses and throwing out product means it’s a business decision to do this burning. NOT a decision based on the market or community. The LP system in Canada has sadly given all the growing power to a few giant corporations up front who are in it for money, not better products.

Heck, when former, Anti-Cannabis police chief suddenly started investing back in 2017. you knew it was all about the money.

Spacehooks,

Same experience. My gf felt like she had a cold. We both tried it 3x with same results.

BonesOfTheMoon,

My husband who has ED got a woody for the first time in a while lol.

Kage520,

Everyone’s dose is unique. You’d have to slowly move the dose up (without overdoing it, because edibles last awhile) to the desired effect.

BonesOfTheMoon,

I tried 5 mg to start I think? Idk I just wanted some cereal and slept well.

Sprawlie,

Sounds like it did it’s job.

out of curiosity, what do you expect? This is something I’ve encountered with a lot of first timers. They aren’t sure what to expect, so when they don’t get that, they aren’t sure they’re high.

Cannabis affects everyone differently. Different strains will have different affects too (terpenes are interesting!)

BonesOfTheMoon,

I thought I’d feel kind of mellow and goofy. I think the reason I didn’t react much is because I’m on naltrexone which is used in anti-substance abuse treatment (I use it for trichotillomania).

Cinner,

It’s a well known phenomena that some people just don’t get high their first time(s). I knew a guy since high school and years after that was basically immune to it. People gave him huge vape bags and massive doses of edibles and it never had an effect. Never saw the guy forget a single word. Then apparently at some point it did, because he smokes now.

There are also people who are terrible at metabolizing gummies. I’m not one of them. Give me 2mg and I’m good. Give me 20mg and I’m curled up in the fetal position in bed waiting for the visions and monsters in my head to go away.

rab,

I mean we throw away groceries in the same fashion, I think that’s just how capitalism works

Kbobabob,

Aren’t a lot of unused groceries used for other things though?

rab,

In Canada I think a lot is just thrown away into locked dumpsters when expired. They certainly aren’t giving it to the homeless at any rate

If the excess weed was free believe me it would all be smoked

Kbobabob,

I’m not familiar with Canadian healthcare but if cannabis can be prescribed then i don’t see why they couldn’t make medicine out of it.

Sprawlie,

They do. You can get capsules with properly dosed amounts of THC/CBD etc.

the problem is convincing the medical community in large that it’s a drug that has enough merit to be considered for larger amount of people. Right now, no insurance company will cover it. No Pharmacy stocks THC/CBD medication. And getting “medical” weed requires a lot of jumping through hoops that just aren’t worth it right now considering I can just go to the store and buy it retail anyways

unreasonabro, (edited )

Sounds like the price is too high. Stupid fucking government. How dare you pride yourself on high prices. Are you not trying to disrupt the illegal trade? Why the fuck are you using their numbers, retards? GEE WHY ISNT ANYBODY BUYING OUR GREEDY FUCKING OUNCES and man, you should see the fucking website. Doug ford can go fuck himself with a forklift.

Try this amazing philosophy: if you can make that much, but can’t sell that much, it’s cuz it ain’t worth that much not cuz nobody will buy it. Unless it’s, you know, shit. AND FURTHERMORE, since clearly the government is going to read this, you might want to doublecheck that quality control isn’t just taking the cheque and AFKing, cuz from this end that’s how it looks!

dangblingus,

Other than the primo strains, Canadian legal weed is cheaper than buying it from a dealer. I pick up ounces for $100.

Sprawlie,

There’s a lot of misinformation in this post, clearly based on emotion rather than the reality:

Sounds like the price is too high.

While this is true in some cases, most of these LP’s are producing flower that can be picked up for ~$100 an ounce. For Canadian Weed, that’s great. Especially considering on legalization it was closer to $400. Not a single dealer I used to use pre-legalization can match the price point of legal weed right now.

This is also a luxury product. Not a necessity. It will be priced where the market bears. The problem with our current over-supply is manufacturer driven. Producing more weed than Canada would consume, even if it was free for “business” reasons.

Stupid fucking government.

Government doesn’t set prices. Cannabis prices have actually bucked the inflationary trends and have gone down overall in the last couple years.

Are you not trying to disrupt the illegal trade?

The illegal trade isn’t going to be shut down overnight. Especially given that most places allow personal growing, so it’s going to happen with people selling to eachother. Even if it’s technically illegal. However, the illegal criminal organizations that used to thrive and require pot sales? Those are decimated and their involvement in the Cannabis trade is decreasing year after year: www.publicsafety.gc.ca/cnt/…/index-en.aspx

Why the fuck are you using their numbers, retards?

what? also really with the use of “retard”… really what are you. 12? Come on man. be an adult.

you should see the fucking website.

if you’re basing your entire purchasing / and angry rant above entirely on the ocs website for purchasing, you’re missing out 90% of the actual Cannabis market. Most sales are through retail. NOT online from the government. Yes the OCS is expensive as fuck. It’s the government run retail outlet. Don’t go there. Order from a local store. you will find much better pricing, and might even meet some wonderful people and budtenders too

Doug ford can go fuck himself with a forklift.

AMEN! 100%.

if you can make that much, but can’t sell that much, it’s cuz it ain’t worth that much not cuz nobody will buy it.

I highly recommend you to read why they were making that much. They never intended to sell that much to us Canadians. it’ was stupid business decisions to try and pry into the US market before legalization even happened there. Even if they gave this stuff away for free, it would be more than Canadian’s would consume because it’s more than the demand. Cannabis isn’t a staple or necessary daily product (for MOST people). it’s a luxury and therefore there’s a ceiling to the demand. Unlike staples and products we need to live, which has no ceiling.

AND FURTHERMORE, since clearly the government is going to read this, you might want to doublecheck that quality control isn’t just taking the cheque and AFKing, cuz from this end that’s how it looks!

Really? Have you had a really bad string of experiences with quality? I’ve been smoking for 20+ years, and the stuff I’ve gotten from the store, (while dry compared to older stuff), is 100x stronger, and a better smoke than anything I ever got illegally before. While much of the numbers are inflated (since we need better regulation on testing), the quality of weed now is truly astounding compared to how it used to be.

I can recommend you some amazing strains if you’d like.

  • All
  • Subscribed
  • Moderated
  • Favorites
  • world@lemmy.world
  • DreamBathrooms
  • magazineikmin
  • everett
  • InstantRegret
  • rosin
  • Youngstown
  • slotface
  • love
  • khanakhh
  • kavyap
  • tacticalgear
  • GTA5RPClips
  • thenastyranch
  • modclub
  • anitta
  • mdbf
  • tester
  • Durango
  • ethstaker
  • osvaldo12
  • cubers
  • ngwrru68w68
  • provamag3
  • normalnudes
  • Leos
  • cisconetworking
  • megavids
  • JUstTest
  • All magazines