AAWH - What's The Deal With New York Cannabis?
Summary
- Legal cannabis has officially hit New York. Two long-time NY advocates, Allan Gandelman and Kaelan Castetter, provide context for this moment.
- When does supply meet demand?
- Why the two-tier system works and will likely be a federal model.
- Inflated value of NY licenses hasn't helped the market.
- Vying for a more level playing field.
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Legal cannabis has officially hit New York . Two long-time advocates , Allan Gandelman and Kaelan Castetter, came on when New York first went legal and return to provide context for this moment. We discuss when supply meets demand, why the two-tier system works and will likely be a federal model, the illicit market, and how the inflated value of NY licenses (see for instance MedMen ( MMNFF ), Ascend Wellness ( AAWH ), Verano ( VRNOF ) and Goodness Growth ( GDNSF )) hasn't helped the market.
For further details see:
What's The Deal With New York Cannabis?