Canadian Growers Destroyed 400 Tonnes Of Cannabis; Students Prefer Institutions Where Marijuana Is Legal; And Other Regulatory Updates

According to the latest investigation by MJBizDaily, over the course of three years, licenced producers in Canada wasted 872.44 million grammes of unsold dried cannabis.

The development of greater production capacity than the industry required in the years after complete legalisation in October 2018 increased the trend of destroying marijuana crops.

Almost half of that quantity, or around 425.33 million grammes of unpackaged dried cannabis, was destroyed by Canada’s federally licenced marijuana producers in 2021, which is almost twice as much as was destroyed in 2020.

LPs disposed of about 155 million kilos of dried cannabis in 2019.

Students Want to Attend College in the Marijuana-Legal States

Even though the requirements for applying haven’t changed, there are more students applying to universities and colleges in places where marijuana is legal.

 

According to a recent study that examined the connection between cannabis laws and college application patterns, the candidate pool rose by 15% in places where marijuana is allowed.

Researchers at Oxford College of Emory University and the University of South Carolina say, “We conclude that the legalisation of marijuana had some positive effects on major schools in the first states to do so, but had no negative effects on any schools.”

The fact that (recreational marijuana) was available made the students smarter and, at worst, didn’t change much.

Also Read –  Marijuana Growers Find ‘Saturated’ Industry Challenging as Supply Balloons, and Prices Plummet

California Continues to Face Illegal Cannabis Grows

Despite efforts to shut down drug cartel-run, billion-dollar growing enterprises, some counties, like Los Angeles County, had 750 unlawful grows in 2021, according to the Washington Examiner.

Due to the efforts of the Marijuana Eradication Team, which included the Sheriff’s Department, California National Guard, and state Department of Fish and Wildlife, that number was reduced to 350 over the course of a year.

Every day they are in existence, they pose a threat to the public’s safety, according to Lt. Howard Fuchs of the LA County Sheriff’s Office. “Murders here are currently being investigated, and we’ve arrested people [at farms] who were wanted for murder in other sections of the county.”

In northern California, the Siskiyou County Sheriff’s Office is inviting state and federal officials to come to see for themselves the problems that illegal cannabis cultivation is causing.

A California retail chain has sued the Department of Cannabis Control (DCC) in state court, claiming that criminals have been legitimately purchasing an undetermined number of cannabis distribution licences.

Gov. Gavin Newsom (D) signed a bill earlier this year that tries to get rid of the tax on cannabis production. The goal is to reduce the power of illegal operators, make it easier for legal operators, and make the legal market more competitive.

Also read – POLICE: Delray Beach Woman Flees Crash After Using Marijuana

Extensive Destruction

After recreational sales began in October 2018, the big producers invested in and built more production capacity than the business needed. Since then, Canada’s young cannabis industry has been falling apart.

MJBizDaily has said in the past that most of the biggest greenhouse deals led to direct real estate losses of millions of dollars and “balance sheet changes” of billions of dollars in inventory write-downs and other asset write-downs.

In actuality, between the time of legalisation in 2018 and the end of 2020, fewer than 20% of the cannabis grown in Canada was sold.

Due to overproduction and quality problems, licenced producers have destroyed about 900 million grammes of unpackaged dried cannabis since 2018 – the equivalent of 650 Toyota Prius vehicles in weight.

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