By Joseph Hall Feature Writer Wed., April 17, 2019 Federal claims of high cannabis supplies are “blowing smoke” over the actual product shortages that will continue to plague online and retail markets in Canada for some time, a new analysis says. While recent Health Canada estimates pegging inventories of smokable cannabis at 19 times demand may be technically true, they don’t reflect the production industry’s ability to get finished goods onto store shelves or Canada Post trucks, Brock University pot expert Michael Armstrong says. “That (19 times number) is mathematically correct but it doesn’t really mean very much,” says Armstrong, who teaches operations management at the St. Catharines, Ont., school. “It certainly doesn’t mean what they claim it means, that there’s lots of supply. There is very little finished dry cannabis actually available for customers,” he says. Armstrong says there is a good amount of cannabis oil to be had and a lot of grown plants in the hopper. Article Continued Below “But most of that is raw material, or what we call ‘work-in-process inventory’,” he says, adding it takes between two weeks and two months to properly dry and cure the harvested weed. “So a large amount of that… Read full this story
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