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home / articles / GTBIF - Medical Marijuana Giants Lambaste NY Gov. Hochul For Weed Rollout Mess Seek Licenses To Sell Recreational Weed | Benzinga


GTBIF - Medical Marijuana Giants Lambaste NY Gov. Hochul For Weed Rollout Mess Seek Licenses To Sell Recreational Weed | Benzinga

Four major medical marijuana retailers in New York sent a letter to Gov. Kathy Hochul urging her to give them licenses to sell adult-use cannabis as court injunctions continue to block licensing activity in the state. The letter points to the thousands of illicit shops, especially in NYC, while only 23 state-licensed shops have been approved to open. 

What Happened

This past week, state Supreme Court Justice Kevin Bryant reversed his preliminary injunction that could have led to a substantial increase in operational cannabis licensing pending the outcome of a lawsuit filed by service-disabled veterans. The decision essentially blocks legal retail licensing in the Empire State, while illicit weed sales run rampant. 

Let Medical Marijuana Companies Start Selling Recreational Weed

The four companies are calling on Gov. Hochul and the Office of Cannabis Management (OCM) to allow already existing MMJ companies like themselves to sell adult-use marijuana as Maryland successfully did by creating a hybrid license ...

Full story available on Benzinga.com

Stock Information

Company Name: Green Thumb Industries Inc
Stock Symbol: GTBIF
Market: OTC
Website: gtigrows.com

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