Stuck in the haze: Some aspiring New York cannabis sellers wait to open shop even as state greenlights more dispensaries December 13, 2023 AggregatedNews New York 0 Comments New York cannabis regulators took their first first step toward opening up new recreational dispensaries on Friday after lawsuits tied up the market since August. Sellers say it’s a step in the right direction but the market still has a… Read More→
Judge Approves ‘Fiore’ Settlement, Ending Injunction December 2, 2023 Tom Hymes Compliance and Regulations, Letters to the Editor, New York 0 Comments That penetrating sound emanating from New York Friday evening was the collective sigh of relief from hundreds of provisional CAURD licensees upon hearing the news that Supreme Court Judge Kevin Bryant has signed the stipulated settlement that had been reached… Read More→
Adams Announces New Crackdown on Illegal Pot Shops’ Landlords in New York November 29, 2023 AggregatedNews New York 0 Comments Mayor Eric Adams took another swing at taking down the city’s thousands of illegal marijuana shops Monday by threatening landlords and building owners who rent to them, in what City Hall said was ”a new front in the Adams administration’s… Read More→
N.Y. Cannabis Board Settles Suits, Paving Way for Dispensaries to Open November 27, 2023 AggregatedNews New York 0 Comments The New York State cannabis board voted Monday to approve a settlement that would resolve two lawsuits and end a three-month-long freeze on recreational dispensary openings across the state. The agreement would salvage the state’s interim licensing program, which gives… Read More→
Naturae Checks All the Right Boxes November 21, 2023 Tom Hymes Company Stories, New York, News & Insights 0 Comments As New York continues its circus-like effort to create a functional adult-use cannabis market, legal operators in the state are stuck with a slow-motion rollout that continues to threaten their ability to serve a state with too few legal stores… Read More→
New York’s Cannabis Dilemma November 20, 2023 AggregatedNews New York 0 Comments NEW YORK CITY has been the epicenter of East Coast cannabis, well before New York State legalized adult-use cannabis on March 31, 2021. The legacy cannabis community, composed of largely Black and Latino individuals, perfected their cultivation and sales strategies over many decades of… Read More→
New York’s cannabis regulators know out-of-state brands are breaking the rules – but agency won’t enforce until 2024 November 15, 2023 AggregatedNews New York 0 Comments It’s no secret that New York State’s nascent cannabis industry is under fire from large out-of-state corporations champing at the bit to enter what’s expected to become one of the nation’s largest legal marijuana markets. However, a NY Cannabis Insider… Read More→
New York’s Marijuana Regulators Reach Settlement Over Licensing Lawsuit November 15, 2023 AggregatedNews New York 0 Comments New York's marijuana regulators have reached an agreement with a collective of disabled veterans who filed a lawsuit over the state's licensing process. While the settlement is still pending finalization, its completion is expected to lead to the lifting of… Read More→
Lawmakers turn up heat on New York cannabis regulators at hearing October 31, 2023 AggregatedNews New York 0 Comments State senators grilled Office of Cannabis Management Executive Director Chris Alexander and other officials on the lack of enforcement against illegal pot shops. State lawmakers took Office of Cannabis Management officials and their counterparts from other departments to task at… Read More→
New York’s Pot Plans Leave Applicants and Community Boards Dazed and Confused October 16, 2023 AggregatedNews New York 0 Comments One week after New York state opened the permit process for legal cannabis shops to the general public, community boards across the city have been bombarded by submissions that they are struggling to review. Under the state’s 2021 law, a… Read More→
After awkward start, New York shaking up legal marijuana market October 13, 2023 AggregatedNews New York 0 Comments New York officials launched legal recreational marijuana sales by promising many of the first retail licenses to people with past drug convictions, hoping to give people harmed by the war on drugs a chance to succeed before competitors crowded in.… Read More→
Is NY’s Medical Market Getting Left In The Dust? October 9, 2023 Pam Chmiel New York 0 Comments New York's medical market is on the verge of expanding into the adult-use market, and many are rightfully concerned that their deep corporate pockets will have an unfair competitive advantage over bootstrapping entrepreneurs with less access to capital. This article… Read More→
New York is cracking down on illegal weed stores as legal market struggles to take hold September 20, 2023 AggregatedNews New York 0 Comments New York officials are ramping up efforts to stop the statewide proliferation of unlicensed smoke shops selling marijuana, as the state struggles to boot up its legal marketplace. Since cannabis became legal in the state in 2021, thousands of unlicensed vendors selling… Read More→
New York State Seeks Stay in CAURD Lawsuit September 19, 2023 Tom Hymes New York, News & Insights 0 Comments As calls are increasing to codify CAURD, New York Attorney General Letitia James filed a motion late last week with the Appellate Division of the Supreme Court of New York seeking “an order granting defendants-appellants a stay pending appeal of… Read More→
Banking New York’s social equity cannabis fund: regulators seem to take lenient approach to financing rules September 18, 2023 AggregatedNews New York 0 Comments New York’s Cannabis Control Board recently passed a long-awaited slate of regulations that, in part, put strict limits on which people or entities can hold a financial interest in certain weed businesses. These “True Parties of Interest” rules (TPIs) were designed to prevent monopolies in New… Read More→