Why it matters: The article highlights the challenges faced by licensed marijuana growers in New York, who are struggling to sell their product due to the slow rollout of legal weed shops and competition from illegal sellers.
What they are saying: Farmers in New York are facing dire financial situations as they sit on large surpluses of product, with some resorting to selling equipment to cover costs. The state-approved grower’s showcase was meant to alleviate the issue, but its future remains uncertain.
The big picture: The article reveals the mixed experiences at various growers showcases in New York, with some locations struggling to attract customers due to limited signage options and competition from illegal sellers. The author also highlights the high prices and minimal nature of the retail locations, which don’t match the “farmers market” experience they were hoping for.
What to watch: The future of the grower’s showcase program remains unclear, as it is set to end at the close of 2023. Advocates, operators, and lawmakers hope for an extension or compromise with the Office of Cannabis Management. The fate of the remaining surplus of marijuana also hangs in the balance.
My take: The article sheds light on the difficulties faced by licensed growers in New York and the imperfect implementation of the legal weed marketplace. It highlights the need for better marketing options, improved accessibility, and fairer prices to support small growers and provide a true “farmers market” experience. The uncertainty surrounding the future of the grower’s showcase program is concerning, as it leaves many struggling growers in limbo. Overall, there is still work to be done to properly revolutionize the legal weed industry in New York.