New York launches cannabis farmers’ markets to improve supply chain…

New York launches cannabis farmers’ markets to improve supply chain…

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New York Bureau of Cannabis Management (OCM) has unveiled an innovative plan for adoption cannabis Farmers markets this summer to address supply chain challenges caused by limited retail operations across the state.

With only 13 operational retailers in New York, cannabis growers have fought with a surplus of products they wanted to sell to suppliers.

details of the plan

At a meeting with the Cannabis Association of New YorkOCM Director of Policy John Kagia outlined the strategy that would allow cannabis growers and distributors to collaborate and sell their products outside of traditional brick-and-mortar stores.

According to Cannabis Insider, the plan permitted at least three growers and one retailer to organize events where cannabis flower and pre-rolls can be sold at off-store locations. “At least three growers and one retailer can organize events where growers can sell flowers and pre-rolls … through a retailer but at off-store locations,” Kagia said.

To improve accessibility, the OCM plans to permit these markets to be held wherever municipal permission can be obtained. The agency wants to avoid limiting the number of producers participating in each event, thus promoting a vibrant and diverse market.

Additionally, OCM Chief Equity Officer Damian Fagon seemed open to permanent implementation, Per TimesUnion.

Positive reception and some concerns

The introduction of cannabis farmers’ markets has been lauded by industry experts, who cite the success of similar events across the state. “The legacy cannabis grower markets have done very well…we know this program model is successful,” said Joe Rossi, managing director at Park Strategies and head of the company’s Cannabis Practice Group.

However, some stakeholders, such as Coss Marte, founder of the gym CONBODY and CONBUD, have expressed doubts about the ability of these markets to fully cope with the financial emergency …

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