More legal challenges to New York marijuana licensing process
Another lawsuit has been filed challenging the marijuana business licensing process in New York.
New York Medical Marijuana News
Another lawsuit has been filed challenging the marijuana business licensing process in New York.
New York’s Office of Cannabis Management and its supervisory Cannabis Control Board are being sued by a microbusiness license applicant claiming discrimination against a business owned by white men as a result of the marijuana regulator’s equity push.
The Cannabist Company Holdings, a marijuana multistate operator, has announced a deal to buy back up to $25 million in principal on senior secured debt by issuing shares.
Retail license caps in some states and limited capital are forcing marijuana multistate operators to focus on wholesale cannabis sales growth in 2024.
The transition from a medical marijuana market to adult-use retail presents new business opportunities, an exponentially wider customer base and, generally, a significant growth driver for licensed cannabis companies.
New York’s governor is proposing the elimination of the state’s potency tax on marijuana products, a potential win for the industry.
From the next market to legalize adult-use marijuana to New York’s social equity licensing and low-dose THC, MJBizDaily left no stone unturned during its first installment of the 2024 LinkedIn Live series.