Canadians aren’t smoking enough to keep up with the supply

sighofannoyance@lemmy.world to World News@lemmy.world – 454 points –
Wasted Weed: Canada's Disposal of 3.7 Million Pounds of Cannabis Since 2018 | High Times
hightimes.com

Wasted Weed: Canada’s Disposal of 3.7 Million Pounds of Cannabis Since 2018 Oversupply has been a real issue for the cannabis industry.

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How about we change the title juuuuust a bit...

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

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.

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

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?

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

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.

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How does throwing away cannabis prevent prices from falling?

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.

Okay but...couldn't they just NOT grow more instead?

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.

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

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.

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.

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.

I didn't have to. You contradicted yourself.

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

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

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