By Blake Jackson
New York's unique Cannabis Growers Showcase (CGS) program has helped ease the burden of unsold marijuana worth hundreds of millions of dollars, according to local growers. However, as the program's expiration date approaches, growers are calling for its extension.
The CGS program allows licensed cannabis cultivators and processors to showcase their products to consumers at events where consumers can purchase those products from licensed retailers. The program was designed to help marijuana cultivators sell off a glut of inventory left over from last year.
As of Oct. 31, there were only 26 licensed adult-use cannabis stores in the state, well below market expectations. Growers argue that the CGS program is essential for providing them with an outlet to sell their products until more retail stores open.
The state Office of Cannabis Management (OCM) has not yet decided whether to extend the CGS program beyond its Jan. 1, 2024, expiration date. The decision could be impacted by other factors, such as if more stores are able to open in the next few weeks.
Growers argue that the CGS program is not only beneficial for them, but also for consumers. The program provides consumers with access to a wider variety of cannabis products than would otherwise be available, and it also allows them to learn more about the products from the cultivators and processors themselves.
Overall, the CGS program has been a success in helping to reduce the backlog of unsold marijuana in New York. However, as the program's expiration date approaches, it is important to consider the needs of both growers and consumers in deciding whether to extend it.
Photo Credit: gettyimages-larisa-shpineva
Categories: New York, Crops