June 4, 2023

Slow Start to New York's Legal Pot Market Leaves Farmers Holding the Bag

US News - Seth Jacobs has about 100 bins packed with marijuana flower sitting in storage at his upstate New York farm. And that’s a problem. There aren’t enough places to sell it. The 700 pounds  of pungent flower was harvested last year as part of New York's first crop of legally grown pot for recreational use. He also has roughly 220 pounds of distillate. Months later, there are only a dozen licensed dispensaries statewide to sell what Jacobs and more than 200 other farmers produced.Now, another growing season is underway and farmers still sitting on much of last year's harvest are in a financial bind.

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