Cannabis Shortages Likely To Continue Into 2019

Article by Andrea Gunn, The Chronicle Herald

Cannabis shortages likely to continue into 2019 Premium content Andrea Gunn AtlantiCann president Christine Halef is shown in one of her company’s grow rooms, located in the Lower Sackville business park. AtlantiCann just received federal approval to provide cannabis to Canadian consumers. - Eric Wynne According to Health Canada, there are currently 134 companies licensed to produce cannabis in Canada — 90 of those were licensed in the last 16 months

Health Canada says legal cannabis shortages that have been experienced in some provinces, including Nova Scotia, will likely continue into the New Year.

Karen Casey, Nova Scotia’s finance minister and deputy premier said in an interview Wednesday, the province is only receiving 35 to 40 per cent of the cannabis it needs to meet the demands of consumers, leading to store closures in some cases and raising concerns about continued reliance on the black market.

Other provinces have been facing similar issues, Casey said, and have approached Health Canada with their concerns.

In an emailed response to a media inquiry from The Chronicle Herald, Health Canada spokesperson Tammy Jarbeau confirmed the department has observed localized shortages of supply in some markets and in some product lines.

Those shortages were expected, Jarbeau said, and will likely continue in the months ahead, as producers of cannabis and provincial and territorial distributors and retailers aim to match production and shipment levels to market demand.

“It is important to note that Oct. 17 marked the end of nearly a century of criminal prohibition of cannabis and the launch of an entirely new regulated industry in our country. As with any new industry where there is considerable consumer demand, we expect there may be periods where inventories of some products run low or, in some cases, run out,” Jarbeau said.

Read the full article here.

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