Post-legalization Shortage of Cannabis Supply Indicates Higher Profit for Marijuana Seeds Retailers

As of January 2019, the Canadian government’s official retail website offered only a single brand of cannabis seeds for sale. Six months later, in the very peak of the most favorable season for outdoor cannabis growing, the post-legalization shortage of cannabis supply is still unresolved, even though sufficient progress has been achieved on that note.

And while some business owners are busy cursing the pitiful cannabis regulations that block them from enjoying high profits from the newly established marijuana industry, others see the glass half full, instead of half empty.

The shortage of cannabis seeds available for Canadian growers to finally enjoy the legal opportunity of cultivating the ancient herb in their indoor or outdoor gardens actually indicates higher profit for marijuana seeds retailers.

Hey, Canada, Where is the Weed?

One of the most common Canadian refrains after recreational cannabis sales started in October 2018, has been none other but “Where is the weed?”

Really, where is the weed?!

Canadians have been choking with anticipation, eagerly awaiting that long-dreamed moment marked by the pure joy of being able to lay their hands on various legal cannabis products, ranging from cannabis flowers through seeds, oils, and concentrates, among many others. But what they were actually faced with seemed to have little in common with their cannabis-laced fantasies.

The dire shortage of cannabis was disappointing to some, but others managed to see a golden chance of making money.

Currently, marijuana seeds retailers are selling out the magic beans fast at prices ranging from $45 to $65 per pack, which happens to be an amount that is equivalent to purchasing four grams of dried, ready-to-use cannabis flowers.

Yet even at a price of about $15 per single cannabis seed, a grower can easily harvest way over 100 grams of high-quality marijuana flowers, which basically means that 1 gram of homegrown pot can cost less than $1. After doing the simple math, even non-cannabis users can quickly figure out what the creative business owners succeeded to sense: marijuana seeds retailers are definitely heading the list when it comes to raking in the sweetest profit. More importantly, selling cannabis seeds is not like selling any other cannabis product, since there is no other marijuana product that possesses the infinite potential of the tiny cannabis seed.

Where is the weed, you ask? It is already carefully being planted in backyards, tiny grow spaces, high-tech greenhouses, balconies, grow tents, and cut-edge hydroponic setups all across Canada. No wonder why there is a shortage of cannabis seeds available for sale.

Growing Cannabis from Seed is an Intricate Part of the Cannabis Culture

The shortage of cannabis that hit Canada shortly after legalization took place is not anything that retailers should be worried about since the government is working hard to resolve the currently existing issues on that matter. In the meantime, many marijuana seeds retailers have managed to step ahead of their competitors by partnering with reliable wholesale seeds suppliers.

It is intriguing to find out that recreational sales of cannabis oil slammed 1.9 kiloliters as soon as by November 2018, the first full month post-legalization.

When compared with the much stronger numbers of cannabis oil sales in October, Novembers’ cannabis oil sales were estimated to suggest roughly 1.8 kiloliters of retailers’ loss related to shortages. More importantly, what this comparison implies is that the potential demand for cannabis oil was somewhere around 3.8 kiloliters per month, keeping in mind that medical sales were estimated at 5.9 kiloliters.

Fortunately, distributor inventories managed to end November decently, doubling up to 7.6 kiloliters which is an amount that is considered enough to satisfy the consumer market’s demands for more than two months ahead.

Meanwhile, producers got 26.3 kilolitres of all-ready-to-ship cannabis oil, or in other words, an amount high enough to nearly three months supply of both recreational and medical demand.

Without any doubt, shortages will ease over time. But just like shortages are bound to ease over time, so is the passion for growing cannabis bound to keep increasing. For the record, a 50 ml bottle of 500 mg CBD cannabis tincture can be purchased for about $50, while preparing the same amount of potent CBD cannabis tincture by using homegrown cannabis flowers high in CBD will cost consumers about 10 times less.

When it comes to cannabis oil, regardless of whether it be high THC or high CBD cannabis oil, growers can easily and happily get a full-year supply of proudly homemade cannabis oil for as little as about $150, which is actually the price that many would pay for getting only a monthly supply of the healing marijuana oil.

Ultimately, it is not even about money! Growing weed from seed is intricately related to the very core concepts of the cannabis culture. Cannabis is love, peace, freedom of choice, and freedom of mind, so growing the precious ancient herb in their backyards, in greenhouses, or in suitable indoor spaces is exactly what marijuana users have been craving for so badly. And with this in mind, the visionary marijuana seeds retailers have tons of good news to celebrate.

Higher Profits for Marijuana Seeds Retailers: The Takeaway

The newly founded Canadian pot industry is about to face larger challenges in the long run when compared with the shortages witnessed so far. Canada’s total cannabis demand is estimated to vary widely, yet one of the latest assessments for expected sales of dry cannabis and cannabis oil equivalents combined is set at 77 tonnes monthly.

The future challenges in front of the Canadian cannabis industry are related to the industry being able to serve every medical and recreational user by not only providing better availability and easier accessibility to the specific products that users want but also to grow its capacity massively. Alongside the federal restrictions on promotion and branding of cannabis and the severe competition cast by the black markets, brighter days for marijuana businesses are sure around the corner, yet whether it’s the nearby corner or the corner on the other side of town is still hard to say for sure.

Despite the many obstacles surrounding the cannabis landscape after recreational cannabis legalization, marijuana seeds businesses in Canada are already bathing in high profit. And it couldn’t be any other way, since selling cannabis seeds is not like selling any other cannabis product, as no product has the same infinite potential as the tiny cannabis seed does.