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

  • bitwaba@lemmy.world
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    10 months ago

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

    • helenslunch@feddit.nl
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      10 months ago

      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@lemmy.world
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        10 months ago

        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@feddit.nl
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          10 months ago

          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.

            • helenslunch@feddit.nl
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              10 months ago

              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@lemmy.world
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                10 months ago

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