These 36 Finalists Are Likely to Be New York’s First Marijuana Retailers
Marijuana Industry NewsNew YorkRecreational Marijuana November 21, 2022 0
New York took a significant step on Sunday toward launching a legal market for recreational cannabis by announcing the 36 businesses and nonprofits under consideration for licenses for the first retail dispensaries in the state. The Office of Cannabis Management published the list of candidates ahead of a vote on Monday... Read more
New York Cannabis Farms Have $750 Million of Weed — and Nowhere to Sell It
Marijuana Industry NewsNew York November 18, 2022 0
There’s one hitch: Instead of being shipped to retail stores, the weed is just piling up. Though a rampant gray market is already up and running, not one legal recreational dispensary has yet opened in New York, despite the state regulator’s repeated assurances that cannabis stores would be a... Read more
The black market strangled California’s legal weed industry. Now it’s coming for New York.
Marijuana Industry NewsNew York November 14, 2022 0
“I can sell you mushrooms, too,” he adds. It’s become a familiar scene in New York City. The state legalized adult-use marijuana more than a year ago but is yet to issue a single dispensary license. The result has been a weed free-for-all: Cannabis seems to be for sale... Read more
Federal Injunction Halts New York’s Retail Dispensary Application Process
Marijuana Industry NewsNew York November 10, 2022 0
By Sean Mack On November 10, 2022, a New York federal judge entered an order enjoining New York’s retail cannabis dispensary application process in five regions of the state. This decision follows similar decisions from federal courts in Maine and Michigan that have found provisions in cannabis licensing rules... Read more
For These New York Farmers, Harvest Time Means High Times
Marijuana Industry NewsNew York November 7, 2022 0
In fields from Sag Harbor to Ithaca, a new crop ripened this fall: cannabis plants grown for recreational marijuana. It was a longtime cash crop in the United States, as American as apple pie. Cannabis sativa fields stretched from New England to Virginia even before the Revolutionary War, when... Read more
NY’s $200 million cannabis fund: Webber & Willis may hold serious conflicts of interest
Marijuana Industry NewsNew York November 4, 2022 0
NY Cannabis Insider has learned that the two high-profile individuals selected to manage a $200 million state cannabis fund may hold significant conflicts of interest that could place New York’s social equity-focused rollout in precarious ethical waters. In June, Gov. Kathy Hochul announced NBA Hall of Famer Chris Webber... Read more
