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It’s going to grow like a weed. The legal cannabis industry will take New Yorkers even higher in 2025, with state regulators projecting the number of new licensed pot stores will more than ...
The Office of Cannabis Management is a New York state government agency established upon passage of the Marijuana Regulation and Taxation Act (MRTA) to implement a regulatory framework for medical and adult-use cannabis in the state of New York, along with hemp regulations as well.
New York’s legal cannabis market has been hampered by inexperienced leaders who treated the state licensing agency like a “mission-driven” startup rather than a government office, according ...
ALBANY, N.Y. (AP) — New York could soon start to get more recreational marijuana dispensaries after a judge on Friday approved legal settlements to end lawsuits that halted the state’s legal ...
Cannabis in New York has been legal for medical purposes under New York law since 2016, and recreational purposes since 2021. As of 2022, recreational cannabis is for sale legally in the state (including Native American reservations), only through state-approved dispensaries.
Cannabis regulatory agencies exist in several of the U.S. states and territories, the one federal district, and several areas under tribal sovereignty in the United States which have legalized cannabis. In November 2020, 19 state agencies formed the Cannabis Regulators Association.
Inspectors have seized nearly 5,000 pounds of illicit cannabis valued at $30 million. State officials said licensed dispensaries in downstate New York have seen a 50% increase in revenue since the ...
The law also expands the state's existing medical marijuana program, allowing doctors greater discretion to prescribe cannabis to patients without needing to cite a specific state-defined qualifying condition. Tax revenue under the act for the City of New York was estimated by the state comptroller in 2017 to be at least $400 million annually. [19]