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 […]
New York
Regulators say a crack down on New York City’s gray market is imminent
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.
NYC’s gray market is exploding, and the legacy market is trying to polish its image
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.
Three charts looking at Northeastern medical cannabis programs
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.
Federal injunction on CAURD licenses shake up industry, but regulators plan to plow ahead
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.
Sean Combs purchases Cresco’s extras, thinks there’s room for more celebrities in weed
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 backs down on microbial limits as inaugural outdoor crop rolls in
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.
Applicants worry New York’s preliminary retail guidelines could cut off investment
Restrictions on market stakes could make it difficult for aspiring entrants to obtain out-of-state investment for their dispensary businesses.
New York’s trouble with ROs and regulatory rumors
There’s a series of rumors floating around New York about exactly how the state plans to regulate the biggest, most lucrative cannabis licenses available and the rumors have been powerful enough that the biggest cannabis companies are relying on them to decide whether and how much to invest in New York’s market.
New York’s first round of dispensary licenses seem to be stalled, with no clear solution on horizon
The 903 applicants for 150 new dispensary licenses have little idea when they’ll receive notice of who wins a license – or much else.
