Struggling New York Cannabis Farmers Excluded From State Budget, Relief Fund Is Dismissed

Efforts to secure financial relief for New York’s 289 licensed cannabis farmers have stalled, leaving them disheartened and facing significant financial losses due to the 2024 state budget excluding the proposed Cannabis Farmer’s Relief Fund, despite limited retail outlets exacerbating their situation.

Legislative Efforts Stalled

Despite the advocacy of Assemblywoman Donna Lupardo and Sen. Michelle Hinchey, the 2024 state budget will not include the proposed Cannabis Farmer’s Relief Fund.

This decision leaves many farmers grappling with significant financial losses, a situation exacerbated by the limited number of retail outlets available for selling their products in 2022 …

Full story available on Benzinga.com