A study by the C.D. Howe Institute, a conservative think tank, suggests that the legal supply of cannabis will fall far short of demand. It notes that Canada’s likely supply of legal marijuana may be about 210 tonnes compared to the current demand of 610 tonnes. The author says: “The important policy conclusion is that there will not be enough legal supply, especially during the first half of the year following legalization, primarily because of the slow rate of licensing producers.” There has been much speculation about the continuing bonanza in the sale of black market dope even after legalization of its use.
