Too much cannabis and not enough stores: New York growers fear oversupply

Like other cannabis growers across New York, Paal Elfstrum was thrilled to harvest his first legal cannabis crop this fall at Wheatfield Gardens in North Tonawanda.

But that joy soon turned to uncertainty when a lawsuit led to an injunction pausing adult-use retail sales in five regions of the state, including Western New York.

Now, Elfstrum and other New York growers are fearful that they will now face a glut of legally grown cannabis and not enough state-sanctioned stores to buy it.

"I've talked to so many people in this industry that were just so excited that this is finally happening, and now for it to be on hold is kind of disappointing," said Elfstrum, Wheatfield Gardens' CEO.

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