Tag: New York

New York Governor Calls On Websites To Stop Promoting Unlicensed Weed Shops

March 1, 2024 · High Times

New York Governor Kathy Hochul on Wednesday called on social media companies and popular websites including Google and Yelp to stop running listings for unlicensed cannabis retailers. At a press conference, the governor appeared with licensed dispensary owners, who face stiff competition from the multitude of unlicensed weed retailers in New York City, to call attention to the situation. “If you type in ‘cannabis dispensaries’ in Google Maps or Yelp, you’ll get a long list of unlicensed illegal vendors,” Hochul… Read more.

Buy! Sell! Puff, Puff, Pass! – Wall Street Drops Drug Testing for Cannabis, What It Could Mean for Your 401k

February 9, 2024 ·

Major Wall Street banks are forgoing drug testing for applicants, including marijuana, in a significant shift from customary standards. This trend mirrors wider shifts in legal and cultural views, as well as the rising acceptance of cannabis use in professional groups. The following lists the modifications that major financial institutions are implementing, as reported by Business Insider: Bank of America Corp (NYSE: BAC): No longer conducts drug testing for new hires or current employees. Citigroup Inc (NYSE: C): Employment does not… Read more.

New York marijuana retailers already behind on bills

January 23, 2024 · Green Market Report

Although the New York cannabis market has gotten considerably better – the number of operational retailers has grown to 52 as of Jan. 19 – a new problem has arisen for operators upstream in the supply chain: how to collect on unpaid bills from retail shops. The issue of nonpayment by licensed New York marijuana stores has been around since the market launched just over a year ago, said Brittany Carbone, both a marijuana farmer and the incoming vice president… Read more.

We’re Going to Need a Bigger Boat – NY Tries to Shut Down Illegal Cannabis Shops as California Says Welcome to Our World

January 4, 2024 · Cannabis.net

On the eve of the highly anticipated opening of Brooklyn's first legal adult-use store, state authorities in New York marked a significant milestone—the permanent closure of a long-standing illicit marijuana operation in the borough. The legal action taken to permanently shut down Big Chief Smoke Shop, an unlicensed cannabis retailer situated in the Bay Ridge neighborhood of southern Brooklyn, is being hailed as a pivotal moment signifying New York's commitment to change, as stated by Governor Kathy Hochul in a… Read more.

Pot-Shop Hopping: We Hit a Trio of New Legal Stores in Manhattan, The Bronx and New Jersey

January 3, 2024 · CelebStoner

New York and New Jersey are opening new legal adult-use stores at a rapid pace. New Jersey currently has 79 such shops while New York lags behind with 34. New Jersey got a head start in 2022, followed by New York eight months later. New York also had an injunction that prevented new stores opening from August to December. Over the last few weeks, we visited two stores in New York (Manhattan and the Bronx) and one in New Jersey. … Read more.

New York Retailers Sold 3.5 Million Marijuana Products In The First Year Of Legalization, State Report Says

December 30, 2023 · Marijuana Moment

New York marijuana regulators published a year-end review of the state’s legal cannabis system on Friday, highlighting major milestones and offering a snapshot of the market almost exactly a year after the state’s first adult-use sales began. Consumers purchased more than 3.5 million cannabis products during the year, New York State’s Office of Cannabis Management (OCM) said in the report. Once December figures are tallied, total sales for the year are expected to exceed $150 million. That activity brought in more… Read more.

NY Gov. Vetoes Bill Letting Growers Sell Surplus Cannabis to Tribal Retailers

December 29, 2023 · High Times

As the New York cannabis market continues to steadily find its footing among a number of delays, the state’s governor has vetoed a measure that would have provided solutions for growers with a surplus of product without means to sell it. The legislation, sponsored by Sen. Michelle Hinchey (D) and Assemblywoman Donna Lupardo (D), would have allowed licensed growers to sell their products to tribal retailers. The sponsors, who respectively chair the state Senate and Assembly agriculture committees, shared that the… Read more.

New York Posts Dozens Of Sample Marijuana Job Descriptions To Aid Businesses And Workers

In an effort to help licensed marijuana businesses and would-be cannabis workers alike, New York’s Department of Labor (DOL) has published dozens of sample job descriptions for positions in the legal industry. The examples are intended to help companies streamline hiring processes and allow prospective employees to assess their qualifications to work in various roles within the emerging cannabis industry, a DOL representative told Marijuana Moment. “The legalization of cannabis has created significant opportunities for New Yorkers, including exciting new… Read more.

New York Governor Vetoes Bill That Would’ve Let Growers Sell Bulk Marijuana To Tribal Retailers

December 23, 2023 · marijuanamoment.net

New York’s governor has vetoed legislation that would have allowed licensed marijuana growers to sell products to tribal retailers. The bills, sponsored by Sen. Michelle Hinchey (D) and Assemblywoman Donna Lupardo (D), who respectively chair the state Senate and Assembly agriculture committees, would have given a release valve to hundreds of cannabis farmers who have been sitting on surpluses without any place to sell their products. “We offered a way for some of the oversupply of cannabis grown by NY’s farmers… Read more.

New York Officials Shut Down Illegal Dispensary As Licensed Stores Begin to Open

December 20, 2023 · Ganjapreneur

New York Gov. Kathy Hochul (D), Attorney General Letitia James, and the Office of Cannabis Management (OCM) on Monday announced the forced closure of Big Chief Smoke Shop, an unlicensed cannabis retailer in Brooklyn. The closure came just one day before the opening of the borough’s first licensed adult-use dispensary. Big Chief Smoke Shop had been selling cannabis products without a license since at least November 2022, according to a press release from the governor’s office. Officials said they previously inspected the… Read more.

New York Governor Vetoes Bills to Legalize Hemp for Animal Feed

December 19, 2023 · Ganjapreneur

New York Gov. Kathy Hochul (D) last week vetoed a bill that would have let the state’s animal feed makers utilize hemp seeds in the production of certain animal feed products, Marijuana Moment reports. Under the bill, commercial makers of animal feed for pets, horses, or camelids would have been allowed to use hemp seed or hemp seed-derived products as ingredients for their products. Supporters of the bill had argued that the seed hulls and seed meal from hemp would be nutritious… Read more.

What are the Best States for Starting a Cannabis Business in 2024? – Marijuana Legal Experts Weigh In!

December 18, 2023 · Cannabis.net

Have you ever pondered the landscape of cannabis regulations across the United States? Amid a shifting legal terrain where nearly half of the states have embraced recreational cannabis and 38 have legalized medical marijuana, the complexities abound. Despite federal law maintaining cannabis as an illegal substance, each state charts its course with unique rules and regulations. Deciding on the optimal cannabis state involves considering various factors, such as whether the state permits medical, recreational, or both cannabis programs, the presence of… Read more.

New York’s Grower Showcase Events Provide Pipeline for Producers, Refreshing Space for Buyers

December 15, 2023 · High Times

New York’s rollout of legal weed shops has been a mess, to say the least. Designed to revolutionize the legal weed marketplace, New York has instead fallen short either by design or outside factors, including numerous lawsuits.  One of the most significant ripple effects in this series of shortcomings is the immense impact on New York’s licensed growers. Farmers are sitting on one to two seasons worth of product, equaling an estimated 240,000-pound surplus. The situation has become so dire that… Read more.

New York regulators issue first cannabis product recall

December 13, 2023 · MJ Biz Daily

New York issued what is believed to be its first cannabis product recall after the discovery that a single lot of gummies “did not undergo the required testing for consumer safety and product quality.” The product, “Jenny’s Zee Zee gummies, 2:1 THC/CBN,” were “sold through licensed cannabis dispensaries throughout New York State” between Sept. 4 and Nov. 1, the Office of Cannabis Management (OCM) said Tuesday in announcing the recall. The batch and lot number for the offending gummies is ZZ-23–07-13-0001, the… Read more.

All Natural Cannabis Pesticides Made from….Cannabis? – CBDA and CBGA Could Repel Bugs Says Cornell Study

December 11, 2023 ·

A recent study conducted by researchers at Cornell University revealed the potential use of cannabinoids from hemp as a foundation for natural pesticides. Published in the October issue of Horticulture Research, the research, led by Larry Smart, a plant breeder and professor at Cornell's AgriTech’s College of Agriculture and Life Sciences, demonstrated that higher concentrations of cannabinoids in hemp leaves correlated with reduced damage from pests. Funded by the New York State Department of Agriculture and Markets through Empire State Development, the study focused on… Read more.

Cannabis MSOs get OK to enter New York adult-use market Dec. 29

December 9, 2023 · MJ Biz Daily

Cannabis multistate operators with medical marijuana licenses in New York received the green light from state regulators Friday to enter the adult-use market on Dec. 29, exactly one year after the state launched recreational sales. The Cannabis Control Board’s approval had been anticipated for months, but the decision marks a controversial milestone in the rollout of the state’s recreational marijuana market. It follows the New York State Supreme Court’s Dec. 1 decision to lift an injunction that had prevented regulators from handing out… Read more.

Hemp Cannabinoids Could Be Source of New Pesticides

December 7, 2023 · High Times

Recent research into the potential uses of hemp shows that cannabinoids produced by the plant could one day be the source of new natural pesticides, according to researchers at Cornell University in New York. The study by scientists at the School of Integrative Plant Science at Cornell AgriTech’s College of Agriculture and Life Sciences (CALS) found that a higher concentration of cannabinoids in the leaves of hemp plants showed less damage from chewing insects compared with leaves less rich in… Read more.

New York Judge Lifts Injunction on Cannabis Industry Licensing

December 6, 2023 · Ganjapreneur

A New York judge on Friday signed off on a settlement between the state Cannabis Control Board (CCB) and four military veterans who had sued the state over its social equity licensing plan, ending the months-long injunction on cannabis industry licensing in the state, Spectrum News reports. Under the terms of the settlement, the veterans will receive dispensary licenses and the Office of Cannabis Management (OCM) will not approve other dispensaries near their planned locations.  The CCB approved the settlement last Monday, but it… Read more.

New York Governor Signs Cannabis Banking Compliance Bill

December 1, 2023 · cannabis-now

New York Governor Kathy Hochul recently signed a bill designed to facilitate banking compliance between licensed cannabis businesses and financial institutions. The measure, Senate Bill S1047, was sponsored by Senator Jeremy Cooney and Assemblymember Crystal Peoples-Stokes, both Democrats. Hochul signed the bill on November 17, more than five months after the New York state legislature passed the measure during the summer. “Big News!” Cooney wrote on X after the Democratic governor signed the measure into law. “This bill is an important first… Read more.

New York Cannabis Regulators Reach Settlement in Lawsuit Blocking Dispensary Openings

November 29, 2023 · High Times

New York’s cannabis regulatory agency on Monday announced that it has reached a settlement in two lawsuits that have been blocking the opening of retail weed dispensaries for months. The settlement sets the stage for more than 400 Conditional Adult-Use Retail Dispensary (CAURD) licensees to finally open their businesses after months of waiting for the lawsuit to be resolved. The lawsuits against New York’s Cannabis Control Board (CCB) are challenging the agency’s process for awarding licenses for the state’s first… Read more.

New York Marijuana Regulators Approve Settlement Agreements To End Months-Long Business Licensing Blockade

November 28, 2023 · marijuanamoment.net

New York marijuana regulators have approved settlement agreements that could soon allow hundreds of cannabis businesses that have been blocked from opening amid litigation to finally begin operations. At a meeting of the Cannabis Control Board (CCB) on Monday, members accepted the terms of settlement for two lawsuits, though they declined to disclose details. The agreements must still be formally accepted by the state Supreme Court before the injunction is lifted. One of the lawsuits that would be resolved under the settlement—Carmine… Read more.

New York Officials Advise Drug Treatment Providers To Stop Testing Patients For Marijuana In Most Cases

November 15, 2023 · marijuanamoment.net

New state guidance for addiction services and treatment programs in New York advises against routine screening for marijuana use, an approach designed to parallel that used for alcohol. Some clinicians see the change, which is being implemented following the state’s legalization of cannabis, as a step away from an abstinence-only view of recovery and toward a more flexible approach aimed at minimizing harm. “With the legalization of adult-use cannabis in NYS, testing for the metabolite of THC routinely is not… Read more.

Women of Influence: Allison Krongard & Laura Eisman

November 13, 2023 · Cannabis Now

The co-founders of Her Highness, a luxurious line of couture cannabis products formulated to address women’s pain and pleasure points, Allison Krongard and Laura Eisman, sell THC pre-rolls, edibles, vapes and CBD concoctions. Her Highness also offers several covetable smoking accessories, including gold-plated grinders and lighters.  Both women have backgrounds in female-centered and innovative businesses. In 1998, Eisman founded Girlshop.com, an e-commerce site that expanded to a physical store in Manhattan’s red-hot Meatpacking District before selling to a competitor in… Read more.

New York Bill Would Outlaw Some Cannabis Billboard Advertisements

November 7, 2023 · Ganjapreneur

A bill in New York seeks to outlaw some roadside billboards for cannabis advertising and would impose fines of up to $2,500 for violations. According to the Justification linked to the proposal, Assemblyman Scott Gray (R) introduced the measure after seeing a billboard in his district that resembled the famous “Got Milk?” advertising campaign popular during the 1990s. In the Justification, Gray writes that the Got Milk campaign was directed at teenagers and the “Got Weed?” billboard is aimed at that same demographic.  … Read more.

Jason Wild Unleashed

November 7, 2023 · MG Magazine

In challenging times, people often turn to iconoclasts to blaze new trails. While the industry is at a difficult crossroads, there are few figures charting a bolder or clearer path forward than Jason Wild. The outspoken New Yorker is the executive chairman of TerrAscend, one of the cannabis industry’s first publicly traded companies. He also has been among the industry’s most active — and vocal— investors and entrepreneurs, consistently leading rounds and blazing paths for others to follow. Like many natural… Read more.

Cannabis showcases are ‘a lifeline’ for New York farmers grappling with glut

November 1, 2023 · MJ Biz Daily

New York state’s unique Cannabis Growers Showcase program (CGS) has helped ease the burden of unsold marijuana worth hundreds of millions of dollars amid a dearth of adult-use retailers, according to local growers. Cultivators and brand representatives want the showcases to be allowed to continue after the Jan. 1, 2024, expiration date, particularly with forthcoming competition from the state’s large medical cannabis companies. The showcases, which range from farmers market-like setups to more conventional retail experiences, were designed to help… Read more.

New York Cannabis Office Releases Fact Sheet To Battle Misinformation About Weed, Fentanyl

October 25, 2023 · High Times

The New York Office of Cannabis Management (OCM) published a two-page report entitled “Cannabis and Fentanyl: Facts and Unknowns” to demystify the facts and myths of the two substances, specifically that of fentanyl contaminating cannabis. “The goal of this fact sheet is to provide evidence where it is available, to share information about what is currently known and unknown, and to provide safety tips to help alleviate some of these misconceptions, often spread through misinformed media coverage and anecdotal reporting,”… Read more.

Harlem’s First Dispensary Opens to Customers

October 20, 2023 · High Times

After months of controversy and legal disputes, the first legal cannabis dispensary in Harlem opened its doors to customers on Wednesday.  Gotham Buds celebrated its grand opening on West 125th Street in Manhattan –– just across the street from the historic Apollo Theater.  According to CBS New York, the store is the “the 26th conditional adult-use retail dispensary to open in New York State,” as well as the first state-licensed dispensary to open in the iconic neighborhood with a rich history of… Read more.

Despite State Injunction, Terp Bros Opens Legal Pot Shop in Queens

October 19, 2023 · CelebStoner

The second legal adult-use cannabis store in Queens, NY opens today. Terp Bros is located at 36-10 Ditmars Blvd. in the hip Astoria neighborhood. Terp Bros at 36-10 Ditmars Blvd. in the Astoria section of Queens, NY (CelebStoner photo) CelebStoner visited Terp Bros for their advanced VIP reception on October 16. Locals lined up to buy legal cannabis products throughout the day. A staff of 10 served the customers. Terp Bros has been waiting to open since August when an injunction stopped… Read more.

After Smelling Legal Marijuana In New York, Colombian President Denounces ‘Enormous Hypocrisy’ Of U.S.-Led Drug War

October 17, 2023 · marijuanamoment.net

Unveiling Colombia’s new national drug policy recently, President Gustavo Petro recalled smelling the odor of marijuana wafting through the streets of New York City during a recent visit to the U.S., remarking on the “enormous hypocrisy” of legal cannabis sales now taking place in the nation that launched the global drug war decades ago. “Marijuana is sold today in Times Square,” Petro said, according to a translation of his speech. “It smelled on all the streets, all the way around… Read more.

Women of Influence: Gov. Kathy Hochul

October 16, 2023 · Cannabis Now

The first female governor of New York state, Gov. Kathy Hochul worked her way up from local politics in Upstate’s Erie County before serving as a member of Congress, becoming lieutenant governor in 2021. Gov. Hochul is now building on New York’s historic Marijuana Taxation & Regulation Act (MRTA)—signed in 2021 by then-governor Andrew Cuomo— including measures for restorative justice, overseeing the implementation of the Social Equity Cannabis Investment Fund which prioritizes licenses for nonprofits and the communities most impacted… Read more.

Drug Dealer Connected to Michael K. Williams Death Sentenced to Five Years in Prison

October 12, 2023 · High Times

A convicted fentanyl dealer and member of a New York City drug ring blamed for the overdose death of actor Michael K Williams has been sentenced to five years in federal prison.  According to an article by the Associated Press, Luis Cruz was one member of a four-man team convicted of selling fentanyl-laced heroin to Williams, who played Omar Little on HBO’s The Wire as well as other roles throughout his career. Williams overdosed in his Brooklyn apartment in September of 2021 after… Read more.

New York Bill Would Ban Cannabis Smoking and Vaping Within 30ft of Children

October 11, 2023 · Ganjapreneur

A bill introduced in New York seeks to prohibit smoking or vaping cannabis within 30 feet of a child or 30 feet of any location in which children reside or attend for any recreational or educational purpose. The legislation, introduced by Democratic Assemblymembers Phil Steck and Marianne Buttenschon, would impose a $25 fine and no more than 20 hours of community service for a first offense, rising to a class B misdemeanor for subsequent violations.  In a statement posted to Facebook, Steck said… Read more.

New York Judge Approves Two Cannabis Retailers To Open

October 10, 2023 · High Times

A New York Judge recently issued a court order that allows just two cannabis retailers to open for business, while hundreds of others are put on hold. On Oct. 6, Judge Kevin Bryant permitted Manhattan-based ConBud LLC and Queens-based Kush Culture LLC (also known as Terp Bros) to be exempt from the current hold on cannabis business operations. Bryant initially issued the injunction in August, which prevents retail cannabis licensees from opening. Currently, more than 400 conditional adult-use retail dispensary licensees… Read more.

New York Judge Permits Three More Cannabis Shops to Open Under Injunction

October 9, 2023 · Green Market Report

New York state Judge Kevin Bryant on Friday signed off on three new orders that will allow a trio of licensed cannabis retail shops to open in coming weeks, in addition to the two announced earlier that same day, according to court records. The three retailers that won permission from Bryant include: Air City Cannabis LLC, which is licensed for a retail shop in the Mohawk Valley Gotham Buds LLC, which is licensed for a retail shop in Manhattan North Country Roots… Read more.

General Cannabis Licensing Opens in New York

October 5, 2023 · Ganjapreneur

General cannabis licensing in New York opens today amid an injunction on its Conditional Adult-Use Retail licensing program imposed by a judge in August. The 60-day window includes licensing applications for cultivators, processors, distributors, retailers, and micro licenses. The window opens two days before the state Supreme Court is set to make a decision on the current injunction. Justice Kevin Bryan in August imposed the injunction on cannabis licenses in New York after finding that the state had not followed its own rules with… Read more.

New York opening license application window for marijuana business licenses

October 4, 2023 · MJ Biz Daily

New York regulators on Wednesday will launch an application window for several types of marijuana business licenses, with a priority on social and economic equity (SEE) applicants. SEE applicants include those “from communities disproportionately impacted by the enforcement of past prohibition, minority- and women-owned businesses, distressed farmers, and service-disabled veterans,” according to the state’s Office of Cannabis Management (OCM). The OCM plans to issue as many as 1,500 licenses for cultivation, retail, processing and microbusinesses. The vast majority – between 500 and 1,000 –… Read more.

Selling to Minors, Pre-Paid Debit Cards, Shipping to All States – Ilegal Cannabis Shops Are Booming Online

October 2, 2023 · Cannabis.net

In recent years, the rise of online cannabis dispensaries, particularly in states where cannabis is legal for medical and recreational use, has been remarkable. The New York Times looked at how this surge in online dispensaries has revolutionized the cannabis industry, providing numerous benefits. Nevertheless, the expanding legalization of cannabis in the United States has widened the marijuana market, raising concerns about potential accessibility to minors. Benefits of Online Cannabis Shops First and foremost, online dispensaries provide customers with the convenience of shopping from… Read more.

Dunkin’ Takes E-Cigarette Maker to Court Over Branding

September 27, 2023 · Green Market Report

Dunkin’ Brands Group Inc., parent company of Dunkin’ Donuts, has sued an e-cigarette maker in New York federal court over trademark violations and more. The lawsuit contends that Singh Handicraft Corp.’s branding for its e-cigarettes is strikingly similar to Dunkin’s distinctive design. Specifically, the disposable vaporizers, shaped like an iced coffee cup and a glazed doughnut, display a logo that mirrors Dunkin’s signature orange and pink color palette and rounded font. According to court documents, “Defendants have merely replaced the term ‘Vapin” for Dunkin’ in… Read more.

Amy Sedaris Christens New Union Square Travel Agency Cannabis Store

September 27, 2023 · CelebStoner

Union Square Travel Agency stands out among the first wave of equity and nonprofit retail licensees in New York. The third Manhattan adult-use cannabis dispensary opened at 62 E. 12 St. in February and now has expanded into larger digs around the corner at 835 Broadway. A line extended around that corner on Tuesday night drawn by the new location, and a chance to shop and see actress and comedian Amy Sedaris who hung out behind the counter for a lengthy meet… Read more.

New York’s Chaotic Cannabis Launch Is a Cluster Bomb for Licensees

September 21, 2023 · Green Market Report

While the New York Office of Cannabis Management and the Cannabis Control Board are the direct targets of numerous lawsuits, licensees feel as if they are collateral damage. Retail operators that received licenses in the first round and managed to open fairly quickly are untouched. But the groups and individuals who got licenses later are now in cannabis purgatory. These unlucky licensees are stuck on the sidelines anxiously waiting on the courts to decide if they will get a pass… Read more.

New York Battling Judge Over Exemptions to Cannabis Retail License Pause

September 18, 2023 · Green Market Report

New York marijuana regulators have spent nearly the past month trying to convince a state judge to allow a handful of conditional adult use retail dispensary (CAURD) licensees to open for business, but as of Friday, nothing the state tried had yet worked, which leaves the Empire State with just 23 operational legal cannabis shops for the foreseeable future. When Judge Kevin Bryant handed down a preliminary injunction last month that froze all retail permitting, he also tried to be flexible with… Read more.

Growers, Retailers Walk the Tightrope of New York Cannabis Rules

September 14, 2023 ·

Profitable enterprises take time to build – but it continues to run thin in one of the industry’s most promising cannabis markets. That sentiment underscored many of the conversations that took place at Green Market Report’s first New York Summit on Sept. 13 in the heart of the Big Apple. Operators and investors large and small traded advice and stories of power, money, and property within the context of a market brimming with opportunity, but one that is also showing signs of… Read more.

New York Senate Marijuana Committee Schedules Hearing To Address Challenges For Legalization Rollout

September 8, 2023 · marijuanamoment.net

The chair of a New York Senate cannabis committee says his panel will hold its first public hearing next month to try and identify legislative solutions to the state’s ongoing marijuana legalization implementation problems by bringing regulators, lawmakers, stakeholders and advocates together for a “fair and productive” policy discussion. Sen. Jeremy Cooney (D), who was appointed to lead the Senate’s first-ever cannabis panel earlier this year, announced the October 30 hearing during a press conference on Thursday. He said that the purpose… Read more.

‘Like Snoop Dogg’s living room’: Smell of pot wafts over notorious U.S. Open court

August 31, 2023 · Yahoo!News

It’s become a stink at the U.S. Open: a pungent marijuana smell that wafted over an outer court, clouded the concentration of one of the world’s top players and left the impression there’s no place left to escape the unofficial scent of the city. While the exact source of the smell remained a mystery Tuesday, one thing was clear: Court 17, where eighth-seeded Maria Sakkari complained about an overwhelming whiff of pot during her first-round loss, has become notorious among… Read more.

New York Judge Lifts Injunction for 30 Cannabis Licenses But About 400 Remain in Limbo

August 29, 2023 · Ganjapreneur

A New York judge on Friday partly lifted the injunction imposed against state regulators issuing new cannabis licenses, WTEN reports. The ruling by Supreme Court Justice Kevin Bryant affects just 30 licenses that were deemed by the Cannabis Control Board as “ready to be open.”  The decision still leaves about 400 licenses in limbo.  In a statement following Bryant’s decision, the New York Office of Cannabis Management (OCM) called the ruling “a disappointment” but that the agency is “committed to working with the Cannabis… Read more.

New York court keeps order blocking new adult-use cannabis retail licenses

August 26, 2023 · MJ Biz Daily

The court order blocking new entries into New York’s struggling adult-use cannabis market remained in force after a Friday hearing in Ulster County Supreme Court – despite a new appeal filed by the state attorney general to lift the stay. However, 30 applicants who filed for their permits in time might be able to open for business. Several hundred more would-be recreational marijuana entrepreneurs, including both small businesses and major multistate marijuana operators, must wait at least a few more… Read more.

Marijuana Farmers Market Opens Alongside New York State Fair

August 24, 2023 · marijuanamoment.net

The New York State Fair kicked off on Wednesday, and for the first time ever, attendees have the chance to browse—and buy—marijuana products from nearly a dozen local growers at a cannabis farmers market being held in conjunction with the event. The so-called Great New York State Cannabis Showcase technically isn’t part of the state fair, but the pop-up exhibition and market will run concurrently from August 23 through September 3. It’s located less than a mile from the fairgrounds… Read more.

New York Judge Extends Injunction Against Processing and Licensing New Cannabis Retailers

August 22, 2023 ·

A New York judge on Friday ruled that the state Office of Cannabis Management (OCM) cannot process or approve any pending Conditional Adult-Use Retail Dispensary (CAURD) licenses pending the outcome of a hearing this week, Spectrum News reports. The injunction was first imposed on August 7 and applies to all licenses new or pending on that date. The lawsuit, filed by service-disabled military veterans, argues that OCM created a licensing system that runs afoul of the state’s adult-use cannabis law and improperly limits initial licenses to… Read more.

New York Marijuana Retail Licensing Pause Extended at Least Two Weeks

August 12, 2023 · Green Market Report

The temporary restraining order that halted further cannabis retail licensing in New York was extended by at least two weeks by a state judge on Friday, in a case that has hundreds of conditional permitholders wondering what will come next for them. The ruling that paused licensing was initially handed down on Monday, after four service-disabled military veterans filed suit against the state Office of Cannabis Management and the Cannabis Control Board, alleging that regulators had wrongly skipped their demographic during the conditional adult… Read more.

Chicago Atlantic Sees Decline In Income, But Reaffirms 2023 Outlook

August 9, 2023 · Green Market Report

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) announced its financial results for the second quarter ended June 30, 2023. The commercial mortgage real estate investment trust reported that its net interest income fell 8.3% sequentially to approximately $13.7 million. However, this was an increase over last year’s net income of $11.8 million for the same time period. The company attributed the drop to the impact of the timing of early principal repayments and the lower average principal outstanding during the quarter. Chicago… Read more.

New York consumes more cannabis than any other city in the world

August 1, 2023 · San Antonio Current

New York tops a lot of lists — including the list of biggest cannabis-consuming cities. The new 2023 Cannabis Global Price Index, compiled by health-information firm CFAH, ranks global metros by their annual weed intake, and the Big Apple apparently knows how to get its toke on. New Yorkers, ahem, jointly consume 62.3 metric tons — or about 137,000 pounds — of the devil's lettuce every year. That puts Gotham ahead of Sydney, Australia; Los Angeles;  Chicago; and Rome, Italy, which make up the Top 5… Read more.

Cresco and Columbia Care call off $2 billion cannabis megamerger; Sean ‘Diddy’ Combs deal also scratched

August 1, 2023 · Yahoo!Finance

Chicago-based Cresco Labs and Columbia Care called off their $2 billion cannabis megamerger Monday, citing “evolving” market conditions that include falling stock prices, tightening credit and flattening industry sales. The companies also scratched the $185 million sale of cannabis facilities in Illinois, New York and Massachusetts to rapper/producer Sean “Diddy” Combs, which were part of required antitrust divestitures for the merger. “In light of the evolving landscape in the cannabis industry, we believe the decision to terminate the planned transaction… Read more.

New York’s First Recreational Marijuana Shop Sold $12 Million in Six Months

July 31, 2023 · Green Market Report

Housing Works' retail manager says the company has been operating in the black since opening its doors. Housing Works, the first legal adult-use marijuana shop to open for business in New York, announced Monday that it sold $12 million in cannabis in its first six months of operations. It opened its doors just two days before New Year’s Eve. The nonprofit retailer – which devotes all of its proceeds to helping underprivileged members of the community – has managed to average… Read more.

Smacked Dispensary Reopening After Million-Dollar Renovation

July 29, 2023 · Green Market Report

New York social justice cannabis applicant Roland Connor opened his Manhattan dispensary in the Village to great fanfare at the beginning of the year. However, it was only a temporary store. Nine weeks ago, the dispensary shut down for a total renovation that cost $1.4 million and was constructed by Temeka. Smacked is expected to officially reopen in two weeks. Among the developments for the newly renovated store is the consumption lounge that is planned to take up residence in… Read more.

Should Cannabis Consumption Be Banned in Public Like Drinking Alcohol? – NY Senator Says Yes, Including Eating an Edible!

July 28, 2023 · Cannabis.net

In July 2023, New York State Senator George Borello (R) introduced a measure to ban cannabis smoking and consumption in public places, except for locations with special authorization. Senator George Borrello (R) has served New York State Senate District 57 since November 26, 2019. His political career, however, began much earlier, as a Chautauqua County Legislator, where he faithfully served from 2010 until 2017. Following that, he served as County Executive for Chautauqua County, New York, from 2018 to 2019, refining his… Read more.

Leafly Sued by Photographer for Using Tupac, Snoop Dogg Photos

July 24, 2023 · Green Market Report

The photographer is asking for legal fees and damages - to be determined by the court - to be covered. The online dispensary locator app Leafly (OTC: LFLY) is in hot water for using a photographer’s images of rappers Tupac Shakur and Snoop Dogg. Photographer T. Eric Monroe, whose work has been featured in publications such as Thrasher and XXL Magazine, claims Leafly Holdings unlawfully published and displayed Monroe’s original photography on its website leafly.com. In addition to helping consumers locate dispensaries, Leafly offers… Read more.

New York Approves Plans to Allow Cannabis ‘Showcases’ & Sales at Public Events

July 22, 2023 · Ganjapreneur

New York cannabis regulators on Wednesday voted to approve a “cannabis showcase” program that would allow growers to sell products to the public at events, NBC 5 reports. The Cannabis Showcase will allow growers to partner with adult-use cannabis retailers and processors to organize events for showcasing New York products.  The showcases must include a minimum of three licensed cultivators, partnering with a licensed adult-use dispensary to sell licensed and tested cannabis products to customers. The events are only allowed in municipalities that allow for retail cannabis sales and… Read more.

New York Is Now Accepting Applications For Marijuana Farmers Markets

July 22, 2023 · marijuanamoment.net

New York regulators are now officially accepting applications for marijuana businesses interested in organizing cannabis farmers markets in the state. Just two days after the Cannabis Control Board voted to authorize what they’re calling Cannabis Growers Showcases (CGS), regulators opened the applications and posted guidance and templates for municipal approval for the events. “A CGS can take place in various locations, including standalone, temporary retail locations; licensed retail dispensary locations; licensed conditional cultivator or processor locations; or other approved event locations,” the… Read more.

Women Grow President Gia Morón Steps Down

July 21, 2023 · Green Market Report

Morón's tenure has brought a generation of women entrepreneurs to the fold. Gia Morón, president of Women Grow, a professional network for women in the cannabis industry, is set to depart from the organization, effective July 31. Morón is stepping down to devote more energy to her business ventures, according to a release Thursday. The company’s board chairwoman and CEO, Dr. Chanda Macias, will maintain her leadership role. “Gia Morón was fundamental and instrumental to the growth and success of so many… Read more.

New York Regulators Vote To Allow Marijuana Farmers Markets, While Nearly Doubling The Number Of Provisional Retailer Licenses

July 20, 2023 · marijuanamoment.net

New York marijuana regulators have approved a resolution to authorize cannabis farmers markets where growers could sell their supplies while helping to meet consumer demand as the state works to open additional retail dispensaries. The state Cannabis Control Board (CCB) passed the measure on Wednesday, along with separate resolutions focused on nearly doubling the number of approved conditional retailer licenses, enacting regulations for marijuana research, banning the sale of synthetic cannabinoids like delta-8 THC and other issues. The authorization of… Read more.

New York City Seeks Private Lenders For New Marijuana Fund To Promote Industry Equity

July 18, 2023 · marijuanamoment.net

New York City officials have announced they’re seeking lenders to support a marijuana equity fund that will promote participation in the industry by people who’ve been disproportionately impacted by criminalization. The New York City Economic Development Corporation (NYCEDC) posted a request for proposal (RFP) on Tuesday, soliciting lenders and an administrator for its Cannabis NYC Loan Fund, which will provide low-cost financing to social equity applicants looking to enter the marijuana market. Officials are aiming to raise $20-30 million for… Read more.

Empire Cannabis Club Co-Owner, Staff Arrested in NYC for ‘Obstruction’

July 15, 2023 · Cannabis Now

State tax agents backed up by New York City cops arrived at two Manhattan outlets of the Empire Cannabis Clubs on July 11, seizing a large amount of product at one location and making arrests at both. But the arrests were just for “obstruction” of the raids, which were themselves carried out without warrants. This represents a first move toward legal action against Empire Cannabis Clubs, the most professional and high-profile of the city’s membership-based dispensaries.  Empire Cannabis insists they are… Read more.

New York Takes a Bite Out of Illicit Cannabis Sales

July 13, 2023 · MG Magazine

New York Police Department officers and state tax agents raided several illicit dispensaries in Manhattan this week, following through on Governor Kathy Hochul’s promise to levy hefty fines and shut down unlicensed operators. The state’s latest crackdown focused on Empire Cannabis Club, a so-called concierge service with locations in Chelsea and the Lower East Side. Billing themselves as private clubs that provide dues-paying members with access to cannabis products, Empire’s five stores are among the most visible and flagrant licensure… Read more.

Edibles Consumers Desire High-Potency Product Packaging

July 11, 2023 · MG Magazine

Edibles are an invaluable segment of the cannabis industry. From classic THC-infused brownies to flavorful fruit-filled gems, edibles have captivated the imagination of medical patients and recreational consumers across all walks of life. In sports, former heavyweight foes Evander Holyfield and Mike Tyson transformed into friendly business partners through the development of their commemorative edibles offerings. In music, global superstar Calvin “Snoop Dogg” Broadus has turned his love for the plant into a vibrant collection of cannabis products, including fruit-flavored and savory… Read more.

The Illegal Cannabis ‘Whack-A-Mole’ Problem Finally Solved? – NYC to Go After Landlords That Rent to Illegal Weed Shops

July 11, 2023 · Cannabis.net

Lynn C. Schulman, a councilman for New York City, filed a measure in April 2023 that would make it illegal for landlords to lease to business tenants who are engaged in the unauthorised sale of cannabis. On Thursday, June 22, the bill was sent to and passed by the entire Council after being authorised by the Committee on Public Safety. The bill will now be delivered to Mayor Eric Adams' desk, having been given 30 days to sign it into law or… Read more.

New York Cannabis Farmers Markets in Limbo

July 10, 2023 · Green Market Report

New York Gov. Kathy Hochul’s office appears to have put an indefinite hold on an idea floated in May by state regulators for marijuana farmers markets, a plan popular with growers because it would have provided a safety valve for hundreds of pounds of unsold marijuana crops from 2022. The idea was first announced by the state Office of Cannabis Management almost two months ago, at which point OCM staff said they were hoping to have some farmers markets operational by… Read more.

Week in Review: NBA, Players Agree to Terms Involving Cannabis

July 9, 2023 ·

In this week’s cannabis news round-up, NBA and the NBPA reach a ground-breaking agreement on cannabis policies; Maryland reports more than $10 million in cannabis sales during the state’s opening weekend of adult use market; New York secures $150 million for cannabis social equity investment fund and the only licensed hemp farm in the British Isles closes after UK government dispute. NBA and Players Union Reach Ground-breaking Agreement on Cannabis Policies This week, the NBA and National Basketball Players Association… Read more.

Investor for $200 million New York cannabis fund finally found

July 4, 2023 · MJ Biz Daily

New York has finally secured an investor to help fully fund the $200 million in startup capital promised to social-equity marijuana entrepreneurs to open “turnkey” dispensaries, Gov. Kathy Hochul has announced. Chicago Atlantic Admin, a publicly traded, Illinois-based investment firm that’s funded marijuana businesses across the country, has agreed to invest “up to $150 million” in the New York State Cannabis Social Equity Investment fund, Hochul said in a news release issued Friday. The state itself has agreed to pony up $50 million to… Read more.

Marijuana megamerger between Cresco, Columbia Care still up in the air

July 1, 2023 · MJ Biz Daily

The large-scale merger of marijuana multistate operators Cresco Labs and Columbia Care is in question after the companies failed to divest assets necessary for regulatory approvals by the June 30 deadline. It’s not clear if the companies are still working toward completing the transaction or if they will abandon it. “At this stage, Cresco and Columbia Care are working amicably with respect to the next steps in relation to the transaction and will provide further updates in the near future,” the companies… Read more.

Chicago Atlantic Commits $150 Million to New York Social Equity Fund

June 30, 2023 · Green Market Report

A $200 million fund to support social equity marijuana retailers is now certain to be fully funded, following a new $150 million investment deal with Chicago Atlantic, Gov. Kathy Hochul’s office announced Friday. Chicago Atlantic Admin LLC committed up to $150 million in senior secured capital for the Social Equity Cannabis Investment Fund, which will be used on a rolling basis to lease dispensary space for qualified cannabis retail locations. The funding deal delivers on a pledge made by Hochul in March 2022 to… Read more.

New York Cannabis Revels In Community

June 26, 2023 · Green Market Report

On the Revel hosted a New York cannabis community event on June 22 bringing together licensed operators. New York cannabis producers were able to display their businesses as potential buyers shopped around for dispensary products. Roughly 800 people attended the event held in Hudson, New York. Despite the trouble in the New York market, the mood was celebratory and optimistic. https://www.youtube.com/embed/9XxoXMNQjxQ Read more.

NY Gov. Hochul Shuts Down Illicit Cannabis Shops, Pace Of New Stores Is ‘Frustrating’

June 24, 2023 · Investing.com

New York Gov. Kathy Hochul has taken decisive action against unlicensed cannabis shops, announcing the temporary closure of over two dozen businesses. While acknowledging the sluggish pace of licensed dispensary openings, Gov. Hochul reassured the public that there are currently 15 licensed shops operating, with two more expected to open by September, per CBS News. However, "I'm not satisfied with the pace," Hochul said. "It is frustrating for those who have been anticipating the opportunity to open businesses, and we had to… Read more.

Steve Cohen Donates $5M for MDMA’s Push to Go Mainstream

June 24, 2023 · Green Market Report

A significant player in the psychedelics industry has received a $5 million infusion from hedge-fund billionaire and New York Mets owner Steve Cohen and his wife, deepening the couple’s efforts to bring mind-altering therapies into the mainstream. The Steven & Alexandra Cohen Foundation is donating the funds to MAPS, or the Multidisciplinary Association for Psychedelics Studies, a nonprofit that has pushed for more research on psychedelic drugs since 1986. The organization is engaged in a financially-intensive push to get the… Read more.

On Juneteenth, Two Black Industry Leaders Say Social Equity Falls Short

June 19, 2023 · Green Market Report

Programs must address systemic inequities that exist across the board. In the run-up to the national Juneteenth holiday, which marks the date in 1865 when Black Americans in Texas learned they’d been freed by the Emancipation Proclamation, Green Market Report reached out to a pair of Black women cannabis industry leaders to get their thoughts on how far the marijuana industry has yet to go on racial equity. The answer was simple: It’s so far that it’s hard to even put into… Read more.

Survey: Cannabis Less Harmful than Cigarettes, Vapes, Alcohol, & Opioids

June 17, 2023 · Ganjapreneur

A survey by the American Psychiatric Association (APA) and Morning Consult found Americans believe cannabis is less harmful than cigarettes, vapes, alcohol, and prescribed and non-prescribed opioids but more harmful than technology. The survey also found that respondents believed that cannabis was less addictive than cigarettes, vapes, alcohol, prescribed and non-prescription opioids, and technology. In a statement, APA President Dr. Petros Levounis said the survey showed “It is clear that we have gotten the message through that cigarettes are dangerous and addictive.”… Read more.

Doobie Delivery Opens in New York City

June 17, 2023 · Green Market Report

Just like the old days when cannabis was illegal and Manhattanites got their weed from a guy in a van, Doobie launched a new delivery service that brings products from the licensed Union Square Travel Agency to customers within 60 minutes. Since there are few licensed operations in the city, many customers may not be near such a store. Doobie also plans to expand into other boroughs. (Full Story) https://youtu.be/9FBy7JHod-4 Read more.

RIV Capital Looks to New NY Cannabis Regulations for Retail Market Entry

June 16, 2023 · Green Market Report

Wholesale hope and new retail entry rules for existing medical operators has provided spark. With contentious headlines now in the rearview mirror, RIV Capital (OTC: CNPOF) seems to be chugging along as New York’s legal cannabis industry ugly cries every night. The company hosted its fourth quarter and fiscal year-end 2023 earnings call Thursday, during which interim CEO Mike Totzke expressed optimism about the RIV’s position in the New York cannabis market. “We substantially completed the expansion of Etain’s Chestertown-based cultivation and… Read more.

Henrietta business is one of the first Finger Lakes dispensaries to be CAURD license approved

June 16, 2023 · Rochester First

For the first time ever, dispensaries in the Finger Lakes are approved for CAURD licenses. Ryan Martin of MJ Dispensary in Henrietta says he’s elated all of his hard work has gotten him to this point. He’s only one of a handful in the Finger Lakes who were approved from recreational-use cannabis licenses today. MJ Dispensary is located in the Genesee Valley Regional Market Complex in the town of Henrietta. That’s where Ryan Martin, the owner and his family watched Thursday’s Cannabis… Read more.

Cannabis Control Board approves first applicants from the Finger Lakes

June 16, 2023 · Rochester First

The Cannabis Control Board is holding a public meeting Thursday morning to announce they are prioritizing the expansion of New York’s cannabis supply chain. In the public meeting on Thursday, the board announced that they have approved 251 Conditional Adult-use Retail Dispensary licenses. 49 are still left to be awarded at a future board meeting, including 11 more from the Finger Lakes region. On Thursday, seven licenses from the Finger Lakes were approved. The applicants that were approved include: MJ… Read more.

New York Lawmakers Approve Bill to Allow Farmers to Sell Cannabis to Tribes

June 14, 2023 · Ganjapreneur

New York lawmakers have approved a bill to allow licensed cannabis farmers to sell their products to tribal nations that have launched their own cannabis markets, WRGB reports. The approval comes amidst the state’s slow retail rollout, while dispensaries have opened on tribal land throughout the state.  New York has licensed about 300 growers and 40 processors but there are just 12 licensed dispensaries statewide.    Jason Ambrosino, the owner of Veterans Hemp Market and Veterans Holdings, told WRGB that his company is sitting on “closer… Read more.

‘It’s About Time’ for New York Cannabis Enforcement, But Questions Abound

June 12, 2023 · Green Market Report

How effective the latest effort will be remains to be seen. “It’s about time.” That was the first reaction that Green Market Report received on Friday after news broke the prior afternoon that New York officials had begun a hotly anticipated crackdown on unlicensed marijuana sellers. The attorney who wrote the words, New York City-based cannabis lawyer Jeffrey Hoffman, said the only surprise was that it took authorities until the summer of 2023 to get started on shuttering the unlicensed smoke shops. Hoffman was… Read more.

Sue Your Neighbor Because His Marijuana Smells Really Dank? Yes, Says Judge Citing Private Nuisance Statute

June 12, 2023 · Cannabis.net

Women Wins Lawsuit over Marijuana Odor - Judges Cites Private Nuisance Clause In a recent ruling, Judge Ebony Scott of Washington D.C. determined that Thomas Cackett must cease smoking medical marijuana in his apartment due to complaints from his neighbor, Josefa Ippolito-Shepherd. The judge concluded that while Ippolito-Shepherd couldn't establish her right to damages, she successfully argued that the odor of marijuana constituted a private nuisance. Consequently, Judge Scott ordered Cackett to discontinue his smoking activities, emphasizing that although he holds… Read more.

Opinion: The top 5 cannabis compliance mistakes and how to avoid them

June 9, 2023 ·

Plant-touching and ancillary cannabis businesses are operating within one of the world’s most fragmented regulatory landscapes. And as more U.S. markets come online, keeping track of cannabis compliance requirements will only become more complex. The importance of marijuana regulatory compliance cannot be overstated. Implementing a robust compliance program is critical to protecting not only businesses but also licenses, pipelines and reputations. It is also key to creating a culture of accountability that encourages employees to follow the rules, which frequently… Read more.

Roadblocks and Red Tape: New York’s Cannabis Effort at a Crossroads

June 6, 2023 · Yahoo!News

When New York state began laying the groundwork for its recreational cannabis industry last year, officials cast atoning for the harm done by the war on drugs as a cornerstone of the ambitious plan — and promised to give people who were previously convicted of marijuana offenses the first opportunity to sell it legally. Today, that effort appears to be foundering: Although Gov. Kathy Hochul suggested last fall that more than 100 dispensaries would be operating by this summer, just… Read more.

Cannabis Infused Drinks Are on the Rise, Here Are 4 POC-Owned Brands to Try

June 6, 2023 · Food & Wine

Alcoholism runs deep in both sides of my family. To prevent possibly continuing those patterns as I get older, I’ve become more interested in exploring other options for social drinking;  Alcohol-free wines and spirits have become significantly more accessible in recent years, and cannabis-based mocktails is one of the most interesting trends in this space.  Picture a zero-proof drink with all the layers of flavor we’ve come to love in a cocktail, but with a THC and/or CBD mixture that… Read more.

Cannabis lawyer and pot farmer share latest on NY market

June 6, 2023 · News 10 ABC

There are some growing concerns from New York pot farmers who have more crop than they can sell, as the state’s recreational marijuana market rollout has moved slower than many expected. So far, a dozen retail marijuana stores have opened since New York legalized it two years ago, including one in the Capital Region. Ryan McCall, a Cannabis Law Attorney at Tully Rinckey, said while retail licenses continue being granted, it can take months for shops to actually get up… Read more.

LeafLink Partners with Logistics Shop to Optimize California Cannabis Supply Chain

June 5, 2023 · Green Market Report

The partnership comes months after the company raised $100 million in Series D financing. New-York based LeafLink, a major cannabis wholesale platform, is partnering with Leafgistics, a cannabis logistics company, to coordinate and streamline the storage and movement of cannabis products across the California market. The company said it has also invested an undisclosed sum in Leafgistics. The investment marks a notable step for LeafLink as it looks to harden its system for cannabis commerce, it said, and advance the industry through strategic partnerships. “Through our… Read more.

Cannabis in New York State: What you can & can’t do

June 4, 2023 · Rochester First

An injunction to prevent CAURD licenses from being sent to the Finger Lakes region will be lifted soon as the New York State Office of Cannabis Management (OCM) is settling a lawsuit that imposed the injunction. As it is being lifted, OCM will be working to send out licenses across the region — including in Monroe County. You may have questions about what you can or can’t do when purchasing, using, and even owning cannabis products. Here is what you should… Read more.

Jonathan Adler’s Stylish World

June 4, 2023 · Cannabis Now

Acclaimed New York City-based potter, designer and author Jonathan Adler is perfectly poised at the intersection of high-end design and subversive style. Since launching his first collection at Barneys New York two decades ago, Adler has built a cult-like customer base with his covetable, tongue-in-chic ceramics and interior accoutrements. He correctly refers to his gorgeously recognizable design aesthetic as “modern American glamour.” Bullseye. Checking in on the celebrated designer’s views on drug iconography and the evolution of cannabis paraphernalia was… Read more.

New York Regulators Again Promise to Crack Down on Unlicensed Smoke Shops

June 3, 2023 · Green Market Report

A top New York state cannabis official vowed to quickly bring the heat now that Albany has granted regulators the power to shut down hundreds of unlicensed smoke shops across New York City. “We are pivoting so that we can begin as soon as possible,” said Tremaine Wright, chair of the New York Cannabis Control Board. “It is coming.” Wright told Crain’s at an industry conference Thursday at the Javits Center that her agency would work with state tax agents, local police… Read more.

Cannabis MSOs set to enter NY adult-use market after policy change

June 2, 2023 · MJ Biz Daily

New legislation and major policy shifts have been proposed to stabilize the shaky rollout of New York’s adult-use marijuana program, including allowing some of the nation’s largest multistate operators (MSOs) to enter the expanded market by year’s end. Regulators at the Office of Cannabis Management (OCM) recently proposed the revised regulations to jump-start the potential $3 billion market with more retail locations. Regulators also hope to energize a supply chain that currently offers limited business opportunities. As of press time, only 12 retailers had… Read more.

New York to Allow Cannabis Farmers’ Markets

May 30, 2023 · Ganjapreneur

In a move aiming to address the state’s cannabis supply chain glut, the New York Office of Cannabis Management (OCM) announced last week that industry operators will be allowed this summer to host cannabis farmers’ markets in order to sell more product, according to a NY Cannabis Insider report. The plan, announced by OCM Director of Policy John Kagia during a meeting with the Cannabis Association of New York, will see the state’s conditionally licensed growers and retailers team up to organize… Read more.

Next stop for local pot?

May 29, 2023 · WGRZ

New York cannabis cultivators may have a partial solution to something they say they've been dealing with for months; not having enough places to sell the pot they grew over the past year. The state Office of Cannabis Management's fledging market has only yielded 12 retail dispensaries statewide and the timeline for more to open their doors is uncertain. But during a Thursday town hall hosted by the Cannabis Association of New York, state representatives said selling at farmers' markets should… Read more.

Luxury Meets Cannabis Conference in New York City

May 27, 2023 · Cannabis Now

On May 18 and 19, retailers, buyers, and investors attended the exclusive, invite-only Luxury Meets Cannabis Conference in Manhattan, NY. The prestigious two-day event, billed as the first B2B trade event of its kind, was an opportunity for luxury cannabis, CBD, and hemp wellness brands to connect with New York’s burgeoning adult-use market. Unlike other tradeshows, LMCC’s aesthetic was akin to an Apple Store—spacious, white and inviting. Dozens of brands were in attendance, with sitting areas purposefully created for conversations.… Read more.

Fewer research analysts covering cannabis underscores industry woes

May 24, 2023 · MJ Biz Daily

Cannabis industry earnings calls have been a little quieter this year. Fewer research analysts are covering the U.S. marijuana industry, which experts say reflects the challenging economic headwinds facing the industry, including high taxes, high interest rates, rock-bottom stock prices and the slow pace of federal MJ reform. New York-based Cantor Fitzgerald and Cowen are among the more notable financial-services firms that have dropped coverage of U.S. plant-touching cannabis companies. “It speaks to the unhealthy state of our industry,” Jesse… Read more.

Holy Smokes

May 23, 2023 · Cannabis Now

Chef Jake Cohen’s professional culinary journey has been ruled by two constants: his love of cooking Jewish food and his love of cannabis. The chef, social media star, best-selling cookbook author and food-scene darling has been an out-and-proud stoner from the get-go. From his website, which proudly boasts the URL WakeAndJake.com, to his open discussion of using and loving cannabis, Cohen doesn’t shy away from the plant when building his personal brand—partly, he says, because cannabis has always been there for him.… Read more.

New Yorkers Vent Frustrations over Adult-Use Cannabis Program

May 22, 2023 · Green Market Report

From sparse enforcement to lack of transparency, program participants are frustrated. The New York adult-use cannabis program has been fraught with challenges, and many stakeholders are willing to express their frustrations. But a conference hosted in Albany, New York, by NY Cannabis Insider sought to add another element to that discussion: solutions. Here are some highlights from the conversations that took place last week. Unlicensed Enforcement One of the most prominent persistent issues in the New York market is how… Read more.

Adult-use cannabis sales in New York surpass $16.5 million

May 22, 2023 · MJ Biz Daily

Regulated adult-use marijuana sales in New York state have surpassed $16.5 million since the first dispensary opened in December, state regulators said last week. Despite early estimates projecting sales in excess of $1 billion in 2023, lawsuits and bureaucratic delays have consigned New York’s adult-use market to a slow start. Many licensed equity operators have struggled to secure funding and real estate to launch their businesses, and the multistate operators who hold most of New York’s limited medical marijuana licenses are still shut… Read more.

NYC Bakery Latest Target of Unlicensed Cannabis Crackdown

May 18, 2023 · Green Market Report

The bakery was ultimately shuttered due to health department violations. New York City’s haphazard enforcement against unlicensed cannabis shops took another shot on Monday. Sweetooth, an Upper East Side bakery allegedly selling unlicensed cannabis-infused products, was shut down by city officials in a multiagency raid led by the New York City Sheriff’s Office, according to Patch.com. Hundreds of cannabis edibles were confiscated in the action, and the bakery’s owner was arrested on a drug charge. The bakery, located just a few blocks… Read more.

Angel tech investor launches Gotham cannabis store with fresh New York City retail look

May 14, 2023 · MarketWatch

While people may buy more stuff online, they still like to go out and shop if stores offer them a way to engage their curiosity, a sense of adventure, and a place to gather. That’s what’s helped some retailers compete with the likes of Amazon.com AMZN, -1.71% or discounters such as Walmart Inc. WMT, -0.03%. And that’s the thinking behind tech entrepreneur Joanne Wilson’s newly-opened, state-licensed cannabis store, Gotham, located on 3 East 3rd Street just off the corner of the Bowery in downtown New… Read more.

Cannabis bars could debut on Long Island under new rules

May 14, 2023 · Newsday

Long Islanders may soon be able to share a joint with a fellow sports fan at the bar – or toke over trivia. Dozens of cannabis lounges may debut on Long Island under rules proposed by state regulators Thursday. Plans for pot bars were included in guidelines written to cover nearly every aspect of the recreational marijuana market, from growers to distributors to industry event organizers. Thursday was state regulators' second pass at the regulations, which run more than 300 pages. The… Read more.

Green Market Report Women’s Leadership Awards: Kassia Graham

May 11, 2023 · Green Market Report

Graham sees opportunity for both legacy operators and newcomers, but warns against opportunists. Social Impact: Kassia Graham, Cannaclusive Kassia Graham, a vocal advocate for diversity and equity in the cannabis industry, is using her platform to affect change. As the founder of Cannaclusive, Graham noted that the organization is “dedicated to helping to raise the profile of BIPOC in cannabis, whether they are consumers or people within the industry.” She was awarded the 2023 Green Market Report Women’s Leadership Award for… Read more.

The Newest NYC Dispensary Is a Women-Owned White-Glove Experience

May 11, 2023 · Thrillist

After perhaps too long, recreational weed was finally made legal across New York State in March 2021. Since then, New York City has slowly rolled out four legal dispensaries—each operated by individuals or organizations selected for their charitable missions and goals to promote entrepreneurship opportunities for those unjustly affected by cannabis-related arrests or imprisonment. This week welcomes New York City’s fifth legal dispensary with the debut of Gotham located in Downtown Manhattan on the Bowery. Founded by entrepreneur Joanne Wilson, who’s behind companies like Food52… Read more.

Luxury concept cannabis store set to open in East Village

May 9, 2023 · PIX11

You’ve seen cannabis dispensaries open in New York City over the past year, but you’ve never seen one quite like the one set to open in Manhattan’s East Village. Gotham is located on 3rd Street near the Bowery. The first things that catch your eyes on the shelves are not pipes and bongs. Instead, you will find everything from pillows, books, pottery, candles and even clothing. But make no mistake, you will find cannabis products there too. Joanne Wilson, the… Read more.

Key Senate Committee Chairman Says Marijuana Banking Bill Hearing Could Be Held Next Week

May 5, 2023 · marijuanamoment.net

A key Senate committee chairman said on Thursday that a hearing on a bipartisan marijuana banking bill could be scheduled as early as next week, adding that lawmakers are going to “move quickly on it.” Senate Banking Committee Chairman Sherrod Brown (D-OH) told NBC News reporters that his panel could hold a hearing on the Secure and Fair Enforcement (SAFE) Banking Act as soon as next Thursday, May 11. While a hearing hasn’t been formally scheduled yet, the comments come as senators… Read more.

New York Budget Includes $16M to Combat Unlicensed Cannabis Dispensaries

May 5, 2023 · Ganjapreneur

New York’s budget bill includes $16 million in funds to combat unlicensed cannabis dispensaries, the Buffalo News reports. The legislation, which was signed by Gov. Kathy Hochul (D) this morning, increases fines for illegal operators from $500 to up to $7,500 for the first offense and increases the monetary penalties to up to three times the amount of tax that would have been collected on the sales. The bill also gives the state authority to mandate store closures, seek restraining orders, charge… Read more.

The Stoned Dogs of New York – Fox News’ Favorite New Reefer Madness Scare

May 4, 2023 · CelebStoner

Life’s not easy for a poodle in the Big Apple. Just ask Bondi - she’s been to the ER three times now for tripping out on the sweet cheeba. While her owner claims that it’s “accidental consumption”, one begins to wonder after the third event on just how accidental it truly is. It’s not just Bondi though - she’s part of a pack of stoned dogs roaming the streets of New York. You can see them wandering aimlessly, tongues lolling out, eyes glazed… Read more.

Legislation to curb unlicensed and illicit sale of cannabis included in New York State budget

May 4, 2023 · WKBW 7

Governor Kathy Hochul signed new legislation Wednesday in an attempt to curb the unlicensed and illicit sale of cannabis across New York State. The legislation allows the Office of Cannabis Management and the Department of Taxation and Finance to assess civil penalties against unlicensed cannabis businesses with fines of up to $20,000 a day and makes it a crime to sell cannabis and cannabis products without a license. In addition, the Office of Cannabis Management's ability to conduct regulatory inspections… Read more.

Colorado Marijuana Company Cancels New York Entrance, Cites ‘Painful Delays’

May 3, 2023 · Green Market Report

Terrapin signed a deal in 2021 to acquire property in Auburn. Colorado cannabis company Terrapin Care Station decided to reverse course on a previously announced production facility in the town of Auburn, New York, which a company spokesman said was due to delays in getting the broader market operational. Terrapin Care Station is a second-tier multistate operator, with a footprint in Michigan, Missouri, and Pennsylvania in addition to its home state of Colorado, according to the company website. Terrapin signed a real… Read more.

New York Brand Jaunty Confident in Ability to Compete with Illicit Market

May 1, 2023 · Green Market Report

Naturae, the company behind Jaunty, also buys wholesale cannabis from eight farms. New York cannabis farmer Nicolas Guarino is battle-scarred from five years of mostly flailing in the national hemp-CBD market, but his six-year-old company, Naturae, now appears poised to do well in the recreational marijuana market, which has already skyrocketed sales for the company. “It is early, but (sales have) been surprisingly high. We were counting on roughly $25,000 in sales per month per store, on average, and we’re… Read more.

Harlem Business Group Sues NY Over Planned Cannabis Dispensary

April 29, 2023 · Green Market Report

The group had already voiced concerns last year as regulators were teeing the rollout. The 125th Street Business District Management Association, a prominent Harlem business coalition, filed a lawsuit on Wednesday against New York’s cannabis regulators, contesting the state’s plan to establish a recreational marijuana dispensary on the main artery of the neighborhood. The legal action, filed in the State Supreme Court of Manhattan, asserts that the shop would intensify existing public health issues that the block already struggles with. The proposed… Read more.

Cannabis producer Tilray makes US list of largest craft brewers

April 27, 2023 · MJ Biz Daily

Cannabis and alcohol company Tilray Brands has made a widely followed list of the largest craft brewers in the United States, an apparent first for the nation’s multibillion-dollar craft brewing industry. Tilray’s beer division ranked No. 9 on the Brewers Association’s annual report of the nation’s top craft companies based on beer sales volume in 2022. The company landed just behind the No. 8 craft brewer, Colorado-based CanArchy – a collective that includes Oskar Blues Brewery, Cigar City Brewing and other… Read more.

Pre-Roll Or Edible? Low-Dose Or No? What Cannabis Consumers Are Buying Today

April 26, 2023 · Forbes

Cannabis sales growth in a state where it has been newly-legalized is like an upside down hockey stick, said Jeff Gonick, founder of the New York company Bogart which makes low-THC pre-rolls. Sales start out strong and shoot up to serve existing cannabis smokers “and the generally curious,” he said. After a time though, that first consumer base gets saturated, so the growth in more mature markets, like those in California, Washington, and Colorado, slow or even plateau. After the first rush… Read more.

Green Market Report Women’s Leadership Awards: Rosie Mattio

April 25, 2023 · Green Market Report

Watching the birth of the adult-use market in Washington state, Rosie recognized an opportunity. Best Public Relations: Rosie Mattio, Mattio Communications Rosie Mattio is the founder of MATTIO Communications, the largest cannabis-focused marketing and public relations agency in North America. She recently received the GMR Women’s Leadership Award for Public Relations which was announced at the Women’s Summit in New York on March 23.  “I’m truly honored to receive this award,” Mattio said. “ I want to recognize the women (and men)… Read more.

New York City Celebrates Its First Legal 420

April 22, 2023 · Green Market Report

New York City celebrated its first legal 420 celebrations. There were 25 different events according to Event Brite, but we just checked out a few. Washington Square Park in the heart of Greenwich Village became the defacto festival as numerous unlicensed operators sold their wares and consumers enjoyed the lovely spring weather. Then it was on to the Standard High Line Hotel where Sackville had a pop up shop for the more well-heeled partiers. Lastly, we headed to The House… Read more.

Brands Mark 4/20, the High Holy Day of Cannabis

April 20, 2023 · Muse by CLIO

The 4/20 brand campaigns are coming in hot, so we're keeping tabs early and updating this page often with the best and brightest. Jack in the Box Jack's Edible Assortments launches on April 20 at food trucks in Los Angeles, San Diego and San Francisco, with help from TBWA\Chiat\Day L.A. It includes a reintroduction of the Pineapple Express Shake, which includes munchies like popcorn chicken, onion rings, tiny tacos, mini pancakes, whipped cream and cherries. The first 100 food truck… Read more.

April 19 Bicycle Day Celebrates The First LSD Trip

April 18, 2023 · Green Market Report

While most people in the cannabis industry are gearing up for the high holiday of April, 20 or 420, our good friends in the psychedelic industry have their own day of celebration. It’s called Bicycle Day and it falls on April 19. The history is that on April 19, 1943, Albert Hofmann, the Swiss father of psychedelic medicine, dropped lysergic acid diethylamide (LSD) at 4:20 pm, interestingly enough, and went on a bike ride, becoming the first human to trip on LSD. According to… Read more.

Expand Your Mind at the Best Weed Museums in the U.S.

April 15, 2023 · Thrillist

THE FIRST THING YOU SEE upon entering the Core Social Justice Cannabis Museum in Boston’s Jamaica Plain neighborhood is a digital stained glass window stamped “Cannfessional.” Behind it is a small sound booth, wrapped in cloud-print wallpaper, with a glowing neon chair and a microphone dangling from the ceiling. Facing the chair on the wall is a TV with a camera mounted on top. This is where you reveal your truth. With the Cannfessional, the museum encourages participants to record themselves telling stories… Read more.

SUNY Cobleskill’s minor in cannabis is preparing students for jobs in the industry

April 11, 2023 · Syracuse.com

SUNY Cobleskill is a college geared toward agriculture, farming and sustainability. Students study the ins and outs of agriculture, from animal science to landscape management. The school also has major programs in graphic design technology and the culinary arts. Starting last fall, students from these courses of study have consulted with Lesley Judd to join SUNY-Cobleskill’s newest minor: Cannabis Studies. “Almost every freshman we get here comes to talk to me about interest in doing the minor,” Judd said. “They see… Read more.

House of Cannabis Museum Opens in New York

April 9, 2023 · CelebStoner

New York City has a new marijuana museum. It's located in Soho in a five-story building dating back to 1870 that formerly housed American Apparel. Now it's the House of Cannabis. After being greeted by attentive staff members, our group was ushered upstairs. Beware, there are a lot of steep steps to climb.