New York Medical Marijuana News
An unknown but significant amount of the $1 billion worth of adult-use marijuana sold at licensed stores in New York last year originated from other markets in violation of state and federal laws, operators and regulators agree.
California-based cannabis megabrand Stiiizy is under investigation in New York for allegedly smuggling marijuana from out of state into licensed stores.
Felicia Reid, the acting executive director of New York’s Office of Cannabis Management, offers her views on the state’s marijuana industry.
Dasheeda Dawson, a key administrator in the rollout of New York City’s adult-use cannabis retail program, abruptly resigned last week.
The CEO of a licensed marijuana grower says he stumbled onto “the blueprint for how to launder marijuana” in and out of Colorado’s regulated market.
New York City’s crackdown on illicit marijuana operators is constitutional, a federal judge has ruled.
Mergers and acquisitions in the cannabis industry in 2024 totaled $1.169 billion, a decrease of $579 million – or 33% – from the $1.749 billion of industry M&A the previous year, according to Viridian Capital Advisors.
