Brad Poulos says Canopy is dealing with overcapacity problems.
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Canopy was set to open its largest site in Atlantic Canada in the White Hills area of St. John s, but it cancelled those plans before even growing any cannabis inside.(Erik White/CBC )
An expert in the cannabis business industry says the closure of five Canopy Growth facilities across Canada, including in St. John s, is the latest step in the evolution of the legal cannabis industry.
Brad Poulos, an instructor at Ryerson University s school of business management, told The St. John s Morning Show on Thursday that often when industries get created more suppliers than needed enter the market.