Canadian operators destroyed millions of packages of unsold cannabis products and a record amount of unpackaged dried flower in 2022 and the first half of 2023, largely because of years of imbalance in supply and demand, MJBizDaily has learned.
According to data shared by Health Canada, the federal cannabis regulator, 611.7 million grams (1.3 million pounds) of unpackaged cannabis was destroyed by licensed producers in 2022, an increase of nearly 44% over the 425.3 million grams destroyed the previous year.
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The data suggests that Canada’s regulated cannabis industry continued to seek supply-demand equilibrium after licensed operators produced substantially more marijuana than what consumers were willing to purchase.
In 2022, the amount of cannabis destroyed was equal to about 16% of total production, which
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