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home / articles / GTBIF - New York's Weed Disaster Virginia's Alcohol Model And Kentucky's GOP Hurdles Plus Hawaii And Florida Updates | Benzinga


GTBIF - New York's Weed Disaster Virginia's Alcohol Model And Kentucky's GOP Hurdles Plus Hawaii And Florida Updates | Benzinga

New York's Cannabis Rollout: A Rocky Start

Describing the rollout as a "disaster," Governor Kathy Hochul Hochul criticized the legislation's initial setup and the state's execution of the cannabis program. The frustration is growing over the slow pace of license distribution and operational hurdles for new dispensaries, highlighting a significant roadblock for Candice LoPizzo.

Her planned cannabis shop, Bud & Honey, faced denial due to proximity issues with an existing medical dispensary owned by Green Thumb Industries (OTC: GTBIF).

Virginia's Approach: Mirroring Alcohol Laws

Virginia is considering legislation to create a legal cannabis market, aligning penalties for unlicensed cannabis sales with those for alcohol. This move has drawn criticism from advocacy groups, who argue that cannabis should ...

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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