skip to main content
 
 
 
News
In the News
Dec 6, 2018

Matt Maurer speaks to Canadian Lawyer about Canada's cannabis supply issues after legalization

Share:
Canadian Lawyer View original

The current cannabis shortage could be stabilized by the spring of 2019, but it could eventually be replaced by a flood of product on the market that will then lead to lower prices and consolidation, say lawyers representing clients in the sector.

Many cannabis producers are also trying to figure out how to operate at scale, says Matt Mauer, vice chairman of the cannabis law group and partner at Torkin Manes LLP in Toronto.  “We hear stories of major crop losses, which also puts a dent in the supply chain.”

Even in the year leading up to legalization, producers who were licensed, such as Canopy Growth, were ramping up and expanding their facilities, but that takes time, too.

“If the major LPs had been able to build out faster and grow, that might have helped,” says Mauer. “And if they didn’t have crop losses, that might have helped. When you put those things together, it contributes to the fact we’re short [on supply]. On top of that, we have distribution issues and Canada Post has contributed to that as well.”

Mauer points out that Canada is not alone in dealing with supply issues after legalization. Other jurisdictions where cannabis has become legal have all experienced the same hurdles.

This article was originally published in Canadian Lawyer. To read the complete article, please visit the Canadian Lawyer website.

Related News

Firm News

Torkin Manes partners with #JLFToronto2019 to bring internationally acclaimed authors to the stage

Torkin Manes is proud to be a Festival Partner for #JLFToronto2019 held September 27-29 in Toronto’s historic Distillery District. Uniting inter...
Sep 30, 2019

Torkin Manes named Regional Law Firm of the Year at the 2019 Chambers Canada Awards

Torkin Manes is proud to announce that our firm has been recognized as the Regional Law Firm of the Year by Chambers and Partners at the 201...
Sep 17, 2019
Firm News

Torkin Manes shortlisted by Chambers Canada for the 2019 Regional Law Firm of the Year Award

Torkin Manes is honoured to be shortlisted by Chambers & Partners in the category of Regional Law Firm of the Year for the 2019 Chambers Canada Aw...
Aug 22, 2019