Medical marijuana growth in Canada stalls as stockpiles rise

Canada’s medical cannabis companies are bolstering their inventories ahead of adult-use legalization, even while signing up fewer new patients than ever, indicating an industrywide shift in focus to meeting demand in the upcoming recreational market.

As of the end of March, patient registrations with Canada’s licensed medical marijuana producers reached almost 300,000. That’s a 10% increase from the previous quarter – the slowest growth on record.

The country’s Parliament passed legislation last month allowing recreational cannabis sales to begin more at