Judge: Hemp operators may remove signs claiming illicit activity
A New York state judge has ruled that hemp businesses can remove signs posted outside their businesses by law enforcement agencies that describe them as “illicit cannabis” stores. Supreme Court Justice Arthur Engoron issued the temporary restraining order last week to two Manhattan hemp stores that sought to remove the signs proclaiming illegal activity without […]
New York dispensary owners are collaborating for a better future
This coalition of legacy operators is united and ready to thrive in New York’s legal market. It’s been almost four years since cannabis was legalized for all adults in New York—and two years since the state’s first adult-use store opened. But many of New York’s first licensed dispensary owners are still fighting for a fair […]
Can New York Become the Wall Street of Cannabis? Uncover the $6 Billion Potential
As New York’s cannabis industry enters its first major growth phase, a new report from Whitney Economics highlights the potential for the market to scale to $6 billion in annual sales within the next few years. Despite nearing $1 billion in annualized sales since adult-use legalization in 2021, only 15% of New York’s cannabis consumers […]
The Daily Hit: October 31, 2024
News from: New York, Cookies Retail, Tennessee, Compass Pathways and more. The Daily Hit is a recap of the top financial news stories for Thursday, October 31, 2024. On the Site Report: New York could be a $6 billion market in just two years The New York market has been impacted with the explosion of […]
Report: New York could be a $6 billion market in just two years
Whitney Economics’ new report, focused exclusively on the New York market, strongly suggests that the state’s cannabis market will hit $6 billion in two years. Despite a difficult launch, New York now has more than 200 licensed stores open and is poised to deliver just under a billion in sales for 2024. That’s a 236% […]
Cannabis license sellers in New York run up against TPI rules
The New York cannabis industry is finally starting to gain momentum, but some licensees are already ready to get out. The reasons for exist run the gamut from founder fatigue after two years of struggling to desire to just be a license flipper. But no matter the reason, they all run up against the TPI […]
The Daily Hit: October 23, 2024
News from: Texas, Maryland, New Mexico, Chicago Atlantic Real Estate Finance and more. The Daily Hit is a recap of the top financial news stories for Wednesday, October 23, 2024. On the Site New intoxicating hemp ban on table in coming Texas legislative session A list of GOP priorities for the upcoming legislative session includes […]
Pushing Pluto—Culture House, NYC, fall 2024
85 points out of 100 Price: $50/eighth but varies Pushing Pluto by the brand To The Moon—sold at Cookies‘ Culture House NYC—is an outrageously special strain. This strain is tricky in a very good way, and that’s what makes it wonderful. This Pushing Pluto strain is the best-smelling strain I’ve got this year! My first […]
House of Hibernica is delivering to the Bronx for free in October
This budding dispensary in Pelham Bay is expanding delivery access with free orders across the Bronx and southern Westchester County. Don’t miss out. In April, House of Hibernica became the ninth Bronx dispensary to open its doors. In just six months, Hibernica has become a neighborhood favorite. Now all this month, the store is expanding […]
Number of the Week: 54.7%
54.7% – Percentage of adult-use licenses awarded to social and economic equity applicants in New York When New York legislators passed the bill to create an adult-use cannabis market, a key provision of the law was to incentivize participation by people who qualified as social and economic equity (SEE) applicants, with a goal of half […]