ENW ... New 52 wk hi commons and warrats. Many reports of MJ supply shortages across Canada. Shaving a week or two off the production cycle might become more and more important.
BTW, haven’t seen any reports about supply problems from Tilray.
The Globe and Mail reports in its Thursday edition that provinces are pushing cannabis producers to speed up shipments after consumers cleaned out much of retailers' inventory on the first day of legal recreational sales across Canada. A triple-bylined item led by David Milstead says that amid celebrations across the country on Wednesday, websites and stores sold out of many brands and strains in hours as customers endured lengthy lines to be a part of the historic day. Licensed producers are "obviously really trying to be good partners to the various provincial regulators, but we're not meeting expectations. Nobody is," said Vic Neufeld, chief executive officer at Leamington, Ont., grower Aphria, adding that supply issues will likely plague the industry for several months in part due to a lack of consumer data. He said that the industry needs two years of data to understand the cycle of forecasting. Warning signs of a supply shortage had been mounting in the weeks leading up to yesterday's legalization, sparking worries that the debut of marijuana sales might be bumpy. Earlier this month, four provincial distributors said growers had shipped fewer products than expected, so consumers would have fewer choices.
© 2018 Canjex Publishing Ltd.
The Globe and Mail reports in its Thursday edition that provinces are pushing cannabis producers to speed up shipments after consumers cleaned out much of retailers' inventory on the first day of legal recreational sales across Canada. A triple-bylined item led by David Milstead says that amid celebrations across the country on Wednesday, websites and stores sold out of many brands and strains in hours as customers endured lengthy lines to be a part of the historic day. "We've had jurisdictions contacting us for additional product," says Greg Engel, chief executive officer of New Brunswick-based Organigram. "We've got [purchase orders] for delivery dates through now until December, and in a few cases, we've had provinces contact us ... asking if we can move this one forward, can you accelerate this or when's the earliest we can get this one?" Warning signs of a supply shortage had been mounting in the weeks leading up to yesterday's legalization, sparking worries that the debut of marijuana sales might be bumpy. Earlier this month, four provincial distributors said growers had shipped fewer products than expected. Some provinces had only a handful of licensed stores open, while Ontario only has on-line sales.
© 2018 Canjex Publishing Ltd. |
