Increases in Cannabis Production in Canada and the United States

[Liz S]

Current deemand for cannabis may differ from expectations from 2018. There are severe supply shortages across Canada. This makes it difficult to gauge the true market size. 2019 will be an exciting year for the current cannabis industry. The supply will outgrow the demand when licensed producers complete their constructions. Many newcomers will convert or build cannabis facilities. Cannabis prices will fall considerably, once the supplies currently under construction enter the market. This is expected to happen towards the second half of 2019 and 2020. This expansion has also occurred in the U.S., where prices have also fallen considerably.

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