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Canada racks up 400-ton cannabis mountain after production binge - Cannabis News

Warehouses in Canada are piled high with unsold marijuana after cannabis producers overestimated demand for the drug, which was legalised a year ago.

Across the country, cannabis inventories came to almost 400 tonnes at the end of August, enough to cover two-and-a-half years of demand, according to the latest government data.

Meanwhile the price of the drug has slumped as legal and illegal cannabis distributors grapple for market share.

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Gregory Meyer ~ Financial Times

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