For cannabis stock Tilray (TLRY), marijuana oversupply could be a good thing

4/25/19–Finding sufficient high quality marijuana to use in its products “has been a challenge” for Tilray. In response to the challenge, the company has added about 15,000 kilograms of production capacity to its High Park Gardens facility in Canada, and is building out production capacity in Portugal to support its move into the European market. Tilray believes that oversupply will be the big trend in the Canadian cannabis market — and it doesn’t want to sink too much of its capital into expanding production of a commodity that will one day end up in oversupply. Read