Hochul Pushes for Cannabis Crackdown to Get ‘Some Teeth’ February 28, 2024 AggregatedNews Black Market, New York 0 Comments Legal retailers are struggling to get their footing in the face of a much larger illicit market. Gov. Kathy Hochul visited New York City on Wednesday to drum up support for her latest proposals for shutting down the unlicensed marijuana… Read More→
Legal homegrown marijuana in N.Y. a step closer as new rules OK’d February 18, 2024 AggregatedNews New York 0 Comments The regulations allowing anyone 21 or older to grow marijuana are subject to a 60-day public comment period before they become official The state Cannabis Control Board, which abruptly canceled its monthly meeting last month, on Friday adopted rules that… Read More→
Hochul’s cannabis conundrum: Stronger action, but greater political risk February 16, 2024 AggregatedNews New York 0 Comments New York’s governor is taking on the troubled rollout of the state’s weed market. NEW YORK — New York Gov. Kathy Hochul is finally weighing in on the state’s troubled cannabis market rollout — and she’s not happy. In recent… Read More→
BDSA Augurs Cautious Optimism for 2024 December 27, 2023 Tom Hymes News & Insights, Spotlight 0 Comments As 2023 ends, the focus of the cannabis industry shifts to 2024 and the trends that will determine the health of individual markets, specific market sectors, and the overall industry, which could possibly see movement at the federal level in… Read More→
Governors Urge Biden To Reschedule Marijuana By The End Of This Year December 6, 2023 AggregatedNews Descheduling or Rescheduling Marijuana 0 Comments The governors of six states have jointly written a letter to President Joe Biden, urging him to ensure marijuana is rescheduled by the end of this year. The letter, signed by the governors of Colorado, Illinois, Louisiana, Maryland, New Jersey,… 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→
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→
Multistate Distro: Catching Up With Nabis October 4, 2023 Tom Hymes Company Stories, Distribution, News & Insights, Spotlight 0 Comments It is always edifying getting caught up with a distributor, especially a cannabis wholesaler whose bones were built in the hardscrabble California markets, where buzzards get fat on the unwary, the unlucky, and the lazy. To that end, Cannabis Business… Read More→
NY gave these weed entrepreneurs a leg up. Now, they could face financial ruin. September 12, 2023 AggregatedNews New York, News & Insights 0 Comments A multi-story, green-and-white sign reading “Con Bud” is being erected over the facade of 85 Delancey St. on the Lower East Side, where Coss Marte plans to open his marijuana dispensary. Marte put down a $420,000 deposit on a 10-year… Read More→
Big Weed Is on the Brink of a Multi-Million Dollar Surge into New York’s Cannabis Market September 11, 2023 AggregatedNews Multiple State Operators, New York 0 Comments New York promised to put independent businesses at the heart of the legal pot industry. Now major medical marijuana companies are making their play amid the state’s stalled retail launch. In early 2017, there might not have been a flashier… Read More→
A Silver Linings Playbook for New York’s CAURD Program September 5, 2023 Tom Hymes Compliance and Regulations, News & Insights 0 Comments While New York cannabis consumers are feeling their oats in terms of having access to copious amounts of weed in the Big Apple and beyond, the situation for operators is far less rosy, to say the least. Applicants to the… Read More→
Block on new marijuana dispensaries in New York extended two weeks, at least. What to know August 14, 2023 AggregatedNews New York 0 Comments New cannabis dispensary licenses in New York are expected to remain temporarily on hold for at least another two weeks following a court hearing Friday. That is because state Supreme Court Justice Kevin Bryant withheld his ruling Friday in a… Read More→
How Cannabis Brands in Emerging Markets Can Navigate Retail Licensing Roller Coasters August 7, 2023 Nicolas Guarino Marketing, New York 1 Comment By Nicolas Guarino, Following a modest and measured rollout of licensed adult-use stores beginning in 2022, the New York State Cannabis Control Board in July gave the greenlight to more than 200 new retail licenses. At first glance, the planned… Read More→
Cannabis Growers Showcases Get the ‘New York Minute’ Treatment July 27, 2023 Tom Hymes Compliance and Regulations, New York, News & Insights 0 Comments In an attempt to jump start a flagging adult-use cannabis program that was supposed to be a model for the nation, New York last week announced not only the issuance of well over 200 provisional retail licenses, but, in addition… Read More→
Manhattan Cannabis Chain Raided by Police and State Agents July 11, 2023 AggregatedNews Black Market, New York 1 Comment Empire Cannabis Club is the target of stepped-up state efforts to crack down on unlicensed shops. New York Police Department officers and state tax agents raided one Manhattan dispensary and were thwarted from raiding another on Tuesday in an exercise… Read More→