Regulators in New York announced this week that the state would double the number of cannabis retailer licenses, bringing the total number of Conditional Adult-Use Retail Dispensary (CAURD) Licenses for recreational marijuana dispensaries to 300 instead of the 150 originally planned. The new licenses, which will be selected from... Read more
New York Regulators Double CAURD Licenses to 300
New York Regulators Double CAURD Licenses to 300 – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Read more
Huge resources going into building cannabis agency
Startling disparity in budgets of Office of Cannabis Management and State Liquor Authority suggests differing priorities at state level The State Liquor Authority and the Office of Cannabis Management on the surface seem like similar agencies: They both regulate the manufacture, distribution and sale within the nation’s fourth-largest state... Read more
Kids Buying Weed From Bodegas Wasn’t in the ‘Legal Weed’ Plan
The rollout of legal marijuana in New York has been a slow and laborious process. The corner stores aren’t waiting. Not long ago, a mother in Westchester learned from her teenage son that he and his friends had gone to a nearby bodega and bought weed. She understood —... Read more
RIV Capital Settles Application Initiated by JW Asset Management TORONTO, Feb. 23, 2023 /PRNewswire/ – RIV Capital Inc. (“RIV Capital” or the “Company”) (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm focused on building a leading multistate platform with the strongest portfolio of cannabis brands in key strategic... Read more
New York’s political leaders silent about state’s failure to raise cannabis funds
New York’s political leaders will not speak about the state’s failure to raise $150 million for the equity-focused portion of its legal marijuana market rollout, even though those same leaders were front and center in calling for a socially just cannabis industry. Gov. Kathy Hochul has announced every milestone in the state’s legalization... Read more
Delays in NY’s cannabis roll out hurt plans for small business investors
Some industry hopefuls paid close attention each time regulators announced new dates. They were left with whiplash. ALBANY — Jeff Collins and his wife had big early plans to open their dream dispensary. But nearly two years after recreational cannabis was legalized in New York, most of the regulations... Read more
They’re Betting the Family Farm on Weed
The Hepworth sisters are famous in the organic food world, but like other farmers, they’re struggling. They hope their new venture will change things. Come summer, the warehouse at Hepworth Farms will be filled with Cherokee Purples, Pink Berkeley Tie-Dyes and dozens more of the heirloom tomato varieties produced... Read more
Looking for a Job? The Cannabis Industry Is Hiring in New York.
The industry estimates that there could be 63,000 jobs in weed across the state by 2025, many of them in retail and hospitality. The first time Kirk Lawrence got a job selling weed, it was in the 1990s at a record store in Far Rockaway, Queens, where he had... Read more
Cannabis retail locations are rolling out in the largest city in the U.S. while unlicensed locations thrive despite numerous efforts to shut them down. New York City opened its third legal, adult-use cannabis store on Feb. 13 in Lower Manhattan. The latest legal store to open is called Union... Read more
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