Connect with us


Rhode Island Joins the ‘Too-Much-Weed’ States

State has 60 marijuana cultivators and less than 10 dispensaries.




The skyline of Rhode Island’s capitol, Providence. PHOTO COURTESY OF KENNETJ ZIRKEL/WIKIMEDIA

Rhode Island is the latest example of a U.S. state facing a glut of weed due to a slower than expected roll-out of recreational marijuana, according to a report by 12 News.

With over 60 marijuana cultivators currently operating in Rhode Island, only a few dispensaries are now up and running since recreational marijuana was legalized last year.

Although five medical marijuana dispensaries were permitted to sell recreational products starting in December, four of them cultivate their own cannabis, and the number of additional dispensaries has been limited.

According to the law, a total of 33 dispensaries will be allowed statewide, and new licenses will be approved by the commission. However, the commission’s nominees are currently awaiting full Senate approval, resulting in a delay in the process.

The legislation included provisions for retail sales and taxation, including the establishment of a Cannabis Control Commission to regulate the industry. However, the commission’s three members were only appointed by recently, nearly a year after legalization.

Karen Ballou, the owner of Cultivating RI, said that unless more dispensaries are allowed to open soon, cultivators will face financial difficulties.


“The progress is too slow for us to sustain our operations,” Ballou said. “Sales have been significantly affected, leading us to lay off a significant number of our staff and decrease production.”




Cannaconvo with Peter Su of Green Check Verified

Cannabis Last Week with Jon Purow interviews Peter Su of Green Check Verified. Peter Su is a Senior Vice President with Green Check Verified, the top cannabis banking compliance software/consultancy in the space. A 20+ year veteran of the banking industry, Peter serves on the Banking & Financial Services committee of the National Cannabis Industry Association. He chairs the Banking and Financial Services Committee for the NYCCIA & HVCIA. He is an official member of the Rolling Stone Cannabis Culture Council. And, he is on the board of the Asian Cannabis Roundtable, serving as treasurer.

Promoted Headlines

Most Popular