Latest In: New York

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New York lawmakers, governor agree on recreational cannabis legalization bill

New York is poised to legalize a nearly $2.5 billion-a-year recreational cannabis market after legislative leaders on Wednesday…

News March 24
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cannabis real estate

Marijuana real estate merger creates firm worth $435 million in assets, cash

Chicago-based NewLake Capital Partners and GreenAcreage Real Estate, a real estate investment trust (REIT) in New York have…

News March 18
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Ascend acquires most of MedMen’s NY cannabis operation for $63 million

Massachusetts-based Ascend Wellness Holdings is acquiring an 86.7% interest in financially strapped MedMen Enterprise’s cannabis operation in New…

News February 26
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An illustration showing how MSOs gained control of New York's medical cannabis market

Lawsuit casts spotlight on New York’s initial medical cannabis licensing, questions scoring

A new lawsuit sheds light on New York's licensing of 10 medical cannabis operators in 2015 and 2016,…

News February 26
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Map showing states where potential medical marijuana reforms could happen in 2021

Five state medical marijuana markets that could get a boost through reforms in 2021

A handful of states could pass significant medical marijuana reforms this year, providing for additional licensing opportunities and…

News January 28
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NCIA: High recreational marijuana taxes in New York could hurt legal market

A marijuana industry official cautioned New York officials that recreational marijuana taxes need to be low enough to…

News January 20
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A comparison of New York and New Jersey marijuana programs in the form of a table.

New York appears better positioned than before to legalize $2 billion-plus recreational marijuana market

Facing massive budget woes and legalization in neighboring New Jersey, politicians in New York are set to take…

News January 13
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Chart showing the Michigan marijuana market share by category in 2020

Edibles outperform cannabis industry growth in 2020 on COVID-spurred sales surge

Cannabis edibles sales grew at a rate exceeding the overall growth of the marijuana industry in 2020, prompting…

News January 11
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Columbia Care to acquire San Diego marijuana retailer for $15 million

New York-based multistate marijuana operator Columbia Care announced Thursday it struck a deal to acquire Southern California cannabis…

News January 7
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New York governor presses again for legalizing recreational cannabis

New York Gov. Andrew Cuomo said Wednesday he will push for the state to legalize a commercial recreational…

News January 6
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