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In his end-of-year interview with the Canadian Press, Prime Minister Justin Trudeau talked about the challenges facing the cannabis industry and what the future may look like.

Trudeau said the supply shortage facing the country is the biggest challenge in the industry, and was optimistic it would disappear within a year.

According to Trudeau, the problem would be resolved “during the coming months and perhaps the coming year.” He followed by noting the shortage was mainly prevalent in Ontario and Quebec.

Marijuana retailers across the country have had to cope with shortages by offering smaller product lists or reducing store hours. Previously, many industry analysts estimated a shortage for roughly two years before supply began to match demand, suggesting the Prime Minister may be underestimating the timeline.

Trudeau also mentioned he remains unhappy with Quebec’s legislation to increase the legal consumption age of cannabis to 21, from 18, suggesting it could undermine the main goal of legalizing cannabis, which is eliminating the black market.

It will sustain “a black market that is going to sell to 18-to-21-year-olds, but that is also maybe going to sell to youth of 17 or 16.”

Source: https://globalnews.ca/news/4765051/justin-trudeau-cannabis-supply-shortage/

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