New York Introduces Cannabis Farmers' Markets To Address Supply Chain Glut And Lack Of Retail Shops
Portfolio Pulse from Joana Scopel
New York's Office of Cannabis Management (OCM) plans to introduce cannabis farmers' markets this summer to address supply chain challenges caused by limited retail outlets. The plan allows a minimum of three growers and a retailer to organize events where cannabis flower and pre-rolls can be sold at non-storefront locations. Acreage Holdings Inc. (OTCQX:ACRDF) (OTCQX:ACRHF) (OTCQB:ACRG) has highlighted the challenges facing New York's cannabis market and sees the potential of a $5-$7 billion market in the state.
May 26, 2023 | 7:56 pm
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Acreage Holdings Inc. highlights the challenges facing New York's cannabis market and sees the potential of a $5-$7 billion market in the state.
The introduction of cannabis farmers' markets in New York could help address supply chain challenges and potentially expand the market, benefiting companies like Acreage Holdings. The company sees a potential $5-$7 billion market in the state, indicating a positive outlook for its business.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Acreage Holdings Inc. highlights the challenges facing New York's cannabis market and sees the potential of a $5-$7 billion market in the state.
The introduction of cannabis farmers' markets in New York could help address supply chain challenges and potentially expand the market, benefiting companies like Acreage Holdings. The company sees a potential $5-$7 billion market in the state, indicating a positive outlook for its business.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Acreage Holdings Inc. highlights the challenges facing New York's cannabis market and sees the potential of a $5-$7 billion market in the state.
The introduction of cannabis farmers' markets in New York could help address supply chain challenges and potentially expand the market, benefiting companies like Acreage Holdings. The company sees a potential $5-$7 billion market in the state, indicating a positive outlook for its business.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50