Cannabis Watch: Canada’s struggle to supply legal weed described as ‘national shortage’ that could last months

After more than a month of legal recreational marijuana sales in Canada, provinces say stores are still having trouble procuring enough pot from producers that have built large valuations on promises of selling tons of the drug.

Don’t expect the issues to be resolved for months, either.

MarketWatch talked to officials and retailers in eight of Canada’s 10 provinces, and all said they are receiving only small portions of the product they have ordered. One of the provinces, British Columbia, said supply issues aren’t expected to be resolved for six to 18 months, based on discussions with licensed pot producers. The other provinces did not give many reasons for investors to be optimistic, largely saying the shortages would hamper operations for weeks and likely much longer amid what one private retailer called “a national shortage” of cannabis.

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