New York’s illicit marijuana market thrives ahead of adult-use launch
Scores of illicit shops are flourishing across New York, posing a competitive threat to the state’s upcoming multibillion-dollar adult-use marijuana industry.
Recreational Marijuana News
Scores of illicit shops are flourishing across New York, posing a competitive threat to the state’s upcoming multibillion-dollar adult-use marijuana industry.
Michigan is backing off a plan to allow hemp-derived THC products to be sold alongside marijuana products after the state’s MJ industry complained it could not compete with lower-cost hemp THC.
Michigan marijuana regulators blocked the sale of $5 million-plus worth of products from a marijuana edibles company without providing an explanation.
New York Mayor Eric Adams has floated the idea of rooftop cannabis greenhouses atop public housing buildings in the city, although federal marijuana prohibition would present a serious challenge to any such effort.
New Mexico’s first recreational marijuana consumption lounge opened in Las Cruces near the border with El Paso, Texas, according to media reports.
New Jersey will launch its projected $2 billion adult-use marijuana market on April 21 amid lingering questions about whether operators can adequately serve the state’s 120,000 medical cannabis patients without disrupting recreational supplies.
New York state regulators approved the first round of recreational cannabis cultivation licenses, issuing 52 permits to local hemp farmers under a new law aimed at ensuring adequate MJ supplies for the state’s impending adult-use market.