MMNFF - New York's $83M In Legal Weed Sales More Shops & Licenses: Is The Rollout Stabilizing? | Benzinga
Despite licensing chaos, lawsuits and a booming illicit weed market, New York's two dozen legal weed shops managed to pull in $83 million year-to-date, according to the state’s cannabis regulator.
And now, New York will open five new retail shops, bringing the number to 27.
The new stores, three of which are the Big Apple, are expected to open this week, said John Kagia, director of policy for the Office of Cannabis Management (OCM) at a recent meeting.
Expanding The Market
Now, state regulators are expanding the market by opening a 60-day general application window to grow, process, distribute or sell marijuana with the expectation of issuing ...