Connecticut Faces Cannabis Shortage as New York Deals with Oversupply
The imbalance in marijuana supply between Connecticut and New York highlights the challenges of state-specific cannabis regulations.
- Connecticut's cannabis retailers struggle with a shortage due to a lack of licensed growers, leading some customers back to illegal dealers.
- New York experiences an oversupply of cannabis following slow retail growth and bureaucratic hurdles, leaving farmers with unsold stock.
- Federal laws prevent the transfer of cannabis products across state lines, complicating efforts to address the supply imbalance.
- Connecticut's Department of Consumer Protection reports a temporary problem, with new grower licenses in the pipeline to increase supply.
- Retailers and farmers express concern over potential market gluts and the impact of national regulations on small businesses and communities affected by the war on drugs.