Latest In: new york

john kagia new york New York cannabis New York Gov. Kathy Hochul new york legal mariijuana
Image of illicit cannabis store closed in New York City.

New York marijuana sales could pass $1 billion in 2024 after rocky start

With an estimated 200 retailers ready to open for business by the end of September, New York could…

News September 17
cannabis legal marijuana sales legal sales marijuana legalization new york New York cannabis new york legal marijuana New York Office of Cannabis Management New York State Office of Cannabis Management
Image of the Statue of Liberty

Regulated New York cannabis sales on pace to exceed $450 million in 2024

Regulators issued another 123 marijuana business licenses as a statewide crackdown on illicit operators boosts retail sales.

News September 11
Brett Gelfand cannabis credit crisis credit law delinquencies Herbl MedMen new york New York Conditional Adult-Use Retail Dispensary unpaid invoices Whitney Economics
Image of a pen and Past Due stamp sitting atop a payment voucher

New York calling out marijuana operators that are delinquent on payments

New York state's marijuana regulator is monitoring cannabis operators that are 30 days past due on bill payments,

News September 4
hemp lawsuit hemp-derived thc new york New York adult-use New York adult-use marijuana new york hemp lawsuit new york ocm New York Office of Cannabis Management
Image of a lightbar atop a police car

New York hemp retailers file lawsuit against state regulator, NYC sheriff

Three licensed hemp retailers in New York filed a lawsuit in which they claim their constitutional rights are…

News August 27
california marijuana CANADA cannabis colorado colorado marijuana cultivation florida medical marijuana marijuana legalization new york recreational marijuana
Image of incomplete licensing agreement

Value of a cannabis license varies with type, market age

A cannabis business license in one jurisdiction can be a golden ticket to substantial profits. In another, it's…

News August 27
Felicia Reid new york New York Cannabis Control Board new york marijuana New York Office of Cannabis Management Patrick McKeage
Image of a pencil sitting atop a license application

New York won’t process 2023 adult-use marijuana applications until 2025

New York regulators won’t finish reviewing applications for adult-use marijuana business licenses submitted late last year until 2025.

News August 26
data environmental LED lights new york regulations sustainability water
Interior image of Glass House Brands' cultivation facility in Camarillo, California

New York sets deadline for marijuana cultivation-sustainability plans

Marijuana cultivators in New York have until Aug. 31, 2025, to submit sustainability plans to regulators as part…

News August 21
Eric Adams illegal sales illicit marijuana Kathy Hochul new york New York cannabis New York City new york legal marijuana new york marijuana office of cannabis management operation padlock to protect smoke shops
Image of the Statue of Liberty

Court ruling threatens New York’s illicit cannabis crackdown

A recent court ruling is jeopardizing New York's crackdown on illicit cannabis sellers that Gov. Kathy Hochul and…

News August 19
280E Ascend cresco labs florida illinois irs 280e new york Trulieve Trulieve Cannabis
Image of a businesswoman using calculator and laptop to calculate business operations

Marijuana MSOs set up high-risk fight with IRS over 280E of tax code

Tens of millions of dollars in tax savings and a quick increase in available cash are some of…

News August 15
MJBizCon Logo