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by FernandoTN 2389 days ago
You know you are in a huge production bubble when all major cannabis producers use as their main metric their production capacity. Aurora cannabis even went as far as to lower their Average net selling price of wholesale bulk cannabis by 4% in the last quarter, due to not finding the demand to keep up with the production boom of the industry.

Reminds me of the scene in the "The Prize: The Epic Quest for Oil, Money, and Power" where oil was booming and production was hardly centralized which led to big fluctuations in the price and an overestimation of the demand, and therefore of the necessary supply.