Canadian CANNAINVESTOR Magazine April / May 2018 | Page 148

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Market Size/Potential

According to the Canadian Hemp Alliance, the reasons for the dip seen from 2007 to 2012 is attributable to the supply gut in 2005 and 2006 which caused inventory buildup of unsold product to carry into subsequent years and hence the de-

crease in production seen over a 7-year period. False starts such as this are typical in the development phase of a new crop, although marijuana LPs may strongly disagree.

Since 2009, production has ramped up.