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The legal cannabis industry in New York is expected to soar in 2025, with state regulators projecting the number of new licensed pot stores will more than double from 275 to more than 625.
NEW YORK (AP) — The first legal dispensary for recreational marijuana in New York rung up its first sales on The post NY opens its first legal recreational marijuana dispensary appeared first on ...
The first legal dispensary for recreational marijuana in New York rung up its first sales on Thursday, opening up what is expected to be one of the country's most lucrative markets for cannabis ...
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.
MedMen Enterprises was a United States-based cannabis company. At its peak, it had operations in California, Nevada, Arizona, Florida, Illinois, New York, and Massachusetts. [2] [3] MedMen owns and operates 29 retail stores and 6 cultivation facilities and is currently licensed to expand its footprint to 65 retail locations. [4]
New York issued its first 36 cannabis dispensary licenses on Monday, taking a monumental step in establishing a legal — and lucrative — marketplace for recreational marijuana. The licenses ...
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]
A Bronx adult-use cannabis dispensary opened on Thursday, joining hundreds of store openings across the state. The New York State Office of Cannabis Management said that several New York City ...