Cannabis demand expected to reach 1M kg by end of 2018

Cannabis demand expected to reach 1M kg by end of 2018
Cannabis demand expected to reach 1M kg by end of 2018

Health Canada predicts the cannabis demand will reach one million kilograms per year by the end of 2018.

The supply is currently sitting at 300,000 kg, which represents a 700,000 kg shortfall in supply.

While Canada is just months away from legalization, investor interest continues to heat up.

With all the investing activity, industry analysts are predicting the store shelves could be empty by the time retailers can legally open shop.

Several larger companies are expected to carry the load and cover the potential shortfall.

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