A Surplus of Worthless Inventory?

As of March, Health Canada reports LPs have 150,000 kgs of "unfinished inventory." After months of uncertainty about what this might refer to, BMO Capital Markets warned some portion of this stock might actually be worthless—too poor quality even for extraction biomass. As a result, there may be industry-wide write-downs.Bloomberg

• Some producers have stressed their unsold inventories consist of product stockpiled for extraction.
• For some time, insiders . . .
  

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