New York approves regulatory hurdles for MSOs and first set of adult use retailers
Multi-state operators will be able to move into New York’s emerging adult use market, but at a stiff premium, according […]
Coverage of Delaware, Maryland, New Jersey, New York, and Pennsylvania.
Multi-state operators will be able to move into New York’s emerging adult use market, but at a stiff premium, according […]
While New York’s first adult use retail licenses are anticipated to come next Monday, state regulators say they are preparing to drop the hammer on New York City’s ever expanding quasi-legal cannabis market.
New York City’s fabled legacy market is alive and well, with a new professional polish in the form of quasi-legal gray market retail shops and consumption lounges.
A federal judge blocked New York from creating new justice-involved dispensary licenses from about a third of the state. But regulators are indicating they will issue licenses for the rest of the state later this month.
To get a picture of where Northeastern state medical programs stand, we had to scrape old regulator websites, rummage through archived PowerPoints, and recruit friendly state communications staff to help us find data.
Tuesday’s election results will have consequences for cannabis in some states that didn’t have cannabis on the ballot. Here’s a brief rundown on what we see for those states.
Cannabis adult use will expand to two more states, Maryland and Missouri, according to unofficial election results following yesterday’s voting, while ballot measures in Arkansas, South Dakota, and North Dakota, failed.
With a purchase price of $185 million, the initial terms of Sean “Puffy” Combs buying 9 dispensaries and 3 cultivations sites include $110 million in cash, and assumption of $45 million in debt from Cresco Labs.
New York’s Office of Cannabis Management relaxed testing standards this week after numerous cultivators reported that they would not be able to pass the test.
Restrictions on market stakes could make it difficult for aspiring entrants to obtain out-of-state investment for their dispensary businesses.