OCS Cannabis 2.0 Products Sold Out in Hours
About 3,000 Customers Waiting Before OCS Cannabis 2.0 Products Went on Sale – LPC
The Ontario Cannabis Store or OCS Cannabis 2.0 products sold out in hours when they came online on January 16. The government-run online store reported that there were about 3,000 customers waiting in its digital “lobby” for the website to open at 9am. The site was down from midnight to prepare for the launch.
Soft chews seemed to be the most popular of the OCS Cannabis 2.0 products available.
“In less than half an hour, we were sold out of the soft chew category,” said Daffy Roderick. “Other edible products were becoming very limited.”
Edibles were sold out by 2pm. At that time, the only remaining OCS Cannabis 2.0 products available were vapes.
“We now have no edibles available, but still have reasonable stock of vape cartridges and batteries,” Roderick said.
The sell out is little surprise. The first wave of Cannabis 2.0 products hit private retailer shelves in Ontario on January 6 and sold out quickly. Other provinces were able to sell before the new year, and Cannabis 2.0 products were flying off the shelves.
The OCS said from the beginning that it would ship to retailers before selling on its own site. “OCS.ca will only be replenished after the retail stores have each been allotted an equal share of available product,” Roderick said.
Over 70 Products Available – LPC
The online store reported that there are now over 70 OCS Cannabis 2.0 products available – when they aren’t sold out. These include soft chews, cannabis-infused chocolates, cookies, tea, and vapes. Still to come in Ontario: cannabis topicals and cannabis beverages. Companies such as Canopy Growth are hoping their cannabis beverage gamble will pay off big. Canopy just built a bottling facility with its US partner Constellation Brands that will produce five million beverages per month. They are not the only ones. Province Brands announced its own cannabis-brewed beer earlier in 2019.
Many see the new wave of cannabis products as a bellwether for what’s to come in the Canadian cannabis industry. If the popularity of OCS Cannabis 2.0 products – and indeed the popularity of edibles and vapes across the country – are any measure, it just may be a cannabis bull market in 2020.
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