new york marijuana Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

NY’s medical marijuana industry: New state rules would drive up prices

New York’s largest medical marijuana trade group is imploring the state’s Office of Cannabis Management to change draft regulations for marijuana packaging and labeling that it says are onerous and out of step with other legal states. In a letter to OCM,…

As legal marijuana sales inch closer, NY’s weed pioneers question if they can ever go legit

On a recent afternoon in Central New York, a legacy cannabis grower caressed the five marijuana plants growing in his backyard, and examined the leaves to assess their health. Erie – who asked NY Cannabis Insider not to publish his real name…

Dozens of shops told to halt sales of marijuana products in New York

While the state has given the green light to possessing and consuming once-banned marijuana, regulators have yet to issue licenses to applicants seeking approval to open adult-use cannabis shops. But dozens of businesses have already begun to offer “untested” pot…

Unlicensed marijuana vendors pop up all over NYC as licensed dispensaries wait for the green light to sell recreational weed

New York state legalized recreational marijuana last year but has yet to allow licensed dispensaries to sell it beyond medical use. As CBS2's Natalie Duddridge reports, that hasn't stopped all kinds of unlicensed vendors from popping up all over the…

New York’s 1st legal marijuana crop sprouts under the sun

New York's recreational marijuana market is beginning to sprout, literally, with thin-leafed plants stretching toward the sun in farms around the state. In a novel move, New York gave 203 hemp growers first shot at cultivating marijuana destined for legal sales, which…

Gov. Hochul names New York State cannabis advisory board members

Gov. Kathy Hochul today announced the inaugural members of the New York Cannabis Advisory Board, a 13-member panel that will advise state marijuana regulators and oversee a fund to help communities impacted by the drug war. NY Cannabis Insider has previously covered delays…

New York’s medical marijuana program suffering as state focuses on a recreational market

Medical marijuana patients and advocates allege the state agency responsible for regulating the cannabis industry is letting New York’s medical program crumble as it instead focuses its attention on setting up a recreational marketplace. The Office of Cannabis Management has been slow to…

NY Cannabis Control Board approves another 58 marijuana cultivators

New York’s Cannabis Control Board today approved another 58 growers to cultivate marijuana under conditional licenses, bringing the total number of licensed cultivators across the state to 146. “We’re moving quickly, knowing that the growing season is short,” said Chris Alexander, head of…

Want one of NY’s first marijuana retail licenses? Regulators say to start preparing now.

When it comes to opening a licensed recreational marijuana dispensary in New York, being first comes with definite perks. Beyond the initial customer traffic and early hype, the first batch of licensed businesses will get help finding a retail space…

New York said it cracked down on marijuana ‘gifting’ — Or did it?

New York was trying to send a message. The state permitted marijuana possession last year, but recreational sales of the drug remain illegal until regulators can set up business licenses. This process has been slow — with the first legal sales still…

NY’s Cannabis Workforce Initiative aims to train next generation of entrepreneurs

When Amy Desjardins started advocating for New York to legalize medical marijuana, the cannabis industry’s job creation potential was central to her support. As executive director of the nonprofit Workforce Development Institute, she felt the weed industry could become a huge driver…

Delivery

New York State cannabis office says ‘gifting’ weed is illegal, but prosecutors aren’t so sure

Last month, New York regulators made waves after sending cease and desist letters to more than 50 operators who were allegedly selling marijuana illegally. These “grey market” businesses have cited language in the new state cannabis law that allows “gifting” as a…

New York State agencies haven’t touched millions sitting in medical marijuana funds

An NYCI investigation has found that two New York State agencies are sitting on millions of dollars collected from medical marijuana taxes, but neither has spent the money — despite a mandate that the funds be used for public health…

New York’s Convicts-First Approach to Pot Draws Praise, Questions

A criminal record doesn't always hurt New York state’s plan to let people with past convictions for marijuana crimes become the first to sell it legally is admirable, but faces some major challenges. The dynamic pits what’s now referred to as the “legacy…

Get ready for the Northeast to become cannabis country

The Northeast is poised to transform the U.S. cannabis industry — and make New York City the nation’s weed capital. New York, New Jersey and Connecticut — with a combined population of 33 million — are scrambling to open recreational markets…

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