Burdened with more cannabis than can be sold, adult-use marijuana cultivators in Rhode Island are begging state officials to quickly open more retail outlets.
The state has about 60 licensed cannabis cultivators supplying a grand total of seven stores open for business, the Providence Journal reported.
Two more stores are permitted under state law, but no new stores are expected to open until as late as 2025, according to the newspaper.
Faced with an overabundance of product and a severe shortage of outlets to sell it, marijuana businesses in Rhode Island are imploring state lawmakers to quickly seat regulators in order to expand retail capacity.
If that doesn’t happen, the state risks a wave of businesses laying off workers or closing entirely.
Some cultivators have already laid off 40% of their workers, Nick Lacroix, president of Warwick-headquartered cultivator Mediflor Organics, told the Journal.
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