What do you do with a billion grams of surplus weed?
&gt; A recent survey conducted by Abacus Data for Medical Cannabis Canada found that those who access medical cannabis legally pay on average 34 percent more for their medicine than if they bought from the unregulated market.<p>I’m unfamiliar with the weed market in general, but it seems like this problem is self-inflicted.<p>They’re simultaneously oversupplied and overpriced. Lower prices and both problems sort themselves out, plus they can slowly out-compete the illegal sellers by undercutting their pricing.<p>It seems the real problem is that they are afraid to cut their margins because it would break their financial models and risk the stock price. It’s strange that they’d rather destroy excess product than try to move it at a steep discount.<p>I’m also afraid this could create other problems by giving them a huge incentive to try to push more and more weed consumption among the public. Whatever your thoughts about weed, I hope we can all agree that over-consumption is not good and that it could be a problem if multi-billion dollar companies are stuck in a situation where they need to greatly increase the public’s consumption of weed to become profitable.