Pretty interesting that NY and VA both started pushing this at the same time. Operators in NY, have you heard whether or not this bill has a shot?
The New York state Senate passed a bill that would provide hemp farmers a conditional license to grow, process and distribute marijuana flower products.
The Senate passed the measure by a 50-13 vote on Tuesday. It now goes to the New York State Assembly.
Hinchey also noted that the bill would help advance the adult-use program’s social equity goals by establishing mentorship programs that bring more minority farmers into the industry.
You bet your fucking ass if a hemp farmer can stay afloat in the smokable hemp market they sure as fuck can grow some FIRE. This is gonna get interesting real soon.
I have no skin in the NY game but am so pumped to see this… there are ten (10) vertically integrated medical licensees who thought they’d have an exclusive run on the market for at least a year. LOL if this passes
Spoke with a cultivation friend of mine about this earlier this week. Good news for those mutant mfers that have been able to both stay afloat and in the good graces of the governing bodies…
If any farmers are willing to partner or do a sublet/royalty deal… I can help you with compliance, local+state licensing, vendors, offtake deals, (maybe) funding, misc other things in return for a few thousand sqft of canopy for breeding+craft flower production. Fully realize this will likely be ridiculed lol. I’m down to drive up from PA on a moment’s notice. Let’s bring it to the MSOs.
I’m not from far away in Boston and I gotta say, the gray market depends on how the dispos want to handle themselves. Right now they’re trying to normalize selling UNTRIMMED weed to cut labor costs yet won’t buy a machine trimmer. The prices are insane and the quality is dogshit. I would say it’s NY’s move to see how this is going to work out. When I was out there they didn’t seem to have plan no.1 worked out to give some sort of smooth transition. I ended up buying a D8 pen for the first time out there (got high as shit too, did not hate it for a disty pen). If the farmers make a STRONG opening gambit and flood the market with good shit due to tons of active farming knowledge going on upstate it could be a whole different game than other Northeastern markets.
We are super excited to give the medical mj folks a run for their money. This couldn’t have happened at a better time with hemp prices so low. Hope the market continues to edge up and we get a foothold on the rec market.