Growth in cannabis food and beverage stocks in Canada far exceeds sales

As of May, federal license holders, provincial distributors and retailers had approximately 6.3 million packaged hemp green food products. For comparison, the sales are about 1 million units. 

On the pages of the specialized electronic edition of Ukrainian cannabis growers, “ Trends in the“ edible ”market of hemp leaves and inflorescences ” have already been described , which clearly demonstrate the level of consumer interest in using the “green mass” of the hemp plant as a tasty and extremely healthy food product. Considering dozens of signs of "overheating" of the North American hemp market, let us try to analyze in more detail the situation on the market of leaves and inflorescences of the hemp plant, used as a food product in the market of the country of the "maple leaf". 

Packaged food stocks of cannabis leaves and buds in warehouses have grown much faster than sales in recent months, according to fresh data from the Canadian Federal Department of Health.

As of May, federal license holders, provincial distributors and retailers had approximately 6.3 million packaged hemp green food products. For comparison, the sales are about 1 million units.

The ratio of "stocks" of edible hemp to sales

The growing gap between supply and demand for foods containing the leaves and buds of medical hemp is reminiscent of the overproduction of individual elements of the hemp plant, which has significant therapeutic potential, which was described in the article " Why Canada is predetermined by the crisis in the medical hemp market ."

It should be noted that since March, the volume of stocks of food products containing the leaves and inflorescences of hemp, which has significant therapeutic properties, has grown by 85% (from 3426344 to 6335324 units), while the volume of sales for medical and non-medical use increased by only 29% (from 777099 up to 1002402).

Commentary of experts of the Association "Ukrainian technical hemp"

Health Canada defines packaged stock as legally grown volume of medical cannabis held in the warehouse of an agricultural producer, processor, distributor or retailer that is prepackaged for sale to consumers.

The conclusions that need to be made by national cannabis growers to work effectively both in the domestic and global hemp market in the emerging situation of a significant excess of the cultivated volumes of hemp leaves and inflorescences, which have enormous therapeutic properties, over the number of sales of the products they are included in, will be clearly to be demonstrated to the listeners of the 5th course of study at the "Hemp University", which is planned to be held in the second half of September on the basis of the National University of Bioresources and Nature Management of Ukraine.