this post was submitted on 10 Jan 2024
465 points (96.8% liked)

World News

39125 readers
2657 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
 

Wasted Weed: Canada’s Disposal of 3.7 Million Pounds of Cannabis Since 2018 Oversupply has been a real issue for the cannabis industry.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 10 points 10 months ago (1 children)

Supply exceeded demand, it happens.

[–] sighofannoyance 1 points 10 months ago (2 children)

Demand increases to meet supply?

[–] [email protected] 2 points 10 months ago

Only if suppliers decide to lower prices, and only up to a certain point.

[–] Sprawlie 1 points 10 months ago

Not all products have an infinite demand curve though. In this case, a luxury product with a finite consumer base. Even if they gave it away for free, there will still be the majority of the population who will not want to use it.

unlike things like groceries, which have a constant demand due to being staples and required for life sustenance. If you gave them away for free, you end up with Hoarding and unlimited demand.