New York Update: Tons of Cannabis Ready for Retail Stores, Producers…

New York Update: Tons of Cannabis Ready for Retail Stores, Producers…

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From grower to dispenser, delays impact the entire supply chain:

Thousands of pounds of weed worth hundreds of millions of dollars are ready for sale to dispensaries after the state began issuing cultivation licenses to more than 200 farms last spring. However, instead of being shipped to retail stores, the weed is simply stockpiled.

Although state regulators had planned for cannabis retail stores open through end of 2022the gray market is thriving while legal dispensaries have yet to open in New York.

If farmers don’t get their crops to the shops soon, theirs will Nearly billion dollar earnings will eventually start to rot.

In the meantime, farmers need to figure out how to store it indefinitely to ensure the cannabis stays as fresh as possible while protecting it from theft or potential contamination, Bloomberg reported.

“It’s an unclear path to market. We were told again and again that the pharmacies will open before the end of the year. I pretended this was our only source of evidence, so we’re prepared. said Melanie DobsonManaging Director of Hudson cannabis, a 520-acre farm about two hours north of New York City. “We don’t package or process flowers yet,” Melany added, referring to the raw part of the plant that can be processed into products like dried, smokable cannabis. “We try to keep as much quality as possible. And rushing it into the finished product bags is not the way to do that.”

Construction of facilities to sell cannabis while raids take place

On Friday, New York officials announced they have selected 10 corporate teams to build approximately 150 turnkey facilities for social justice cannabis retailers to operate after the marketplace officially launches.

The New York State Housing Authority (DASNY) said in a statement that authorities have worked together to approve 10 teams of companies that will design and build the first recreational cannabis dispensaries to be…

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