McLeish found that more than $1 billion has been raised by marijuana businesses since the start of 2014, with most of those funds going towards the construction of new facilities or the expansion of existing ones. More such deals are expected, and as provinces line up to ink supply contracts, producers have found themselves in a race to expand their capacity. This advertisement has not loaded yet, but your article continues below.
“These numbers are contingent on getting enough supply from federal licensed producers,” Charles Sousa said last month, when announcing the program. The firm doesn’t foresee supply meeting demand until late 2020, McLeish said.Įven the finance minister of Ontario wasn’t sure of successfully stocking the province’s proposed e-commerce channel and approximately 80 retail outlets they expect to have ready in the first year of legalization, which is still slated to begin by July 2018. This “will not nearly be enough to fulfill near-term demand,” analyst Greg McLeish wrote in a Sept. Mackie Research Capital, for example, recently pegged total demand for marijuana in 2018 at approximately 795,000 kilograms - but forecast that licensed producers will end 2017 with production capacity of a little over 100,000 kilograms annually. Article content Customers line up at the NuLeaf marijuana dispensary in Las Vegas.
0 kommentar(er)
