New York: Page 16

New York Legislature Approves Proposal to Allow Hemp Businesses to Grow, Process Adult-Use Cannabis

The legislation, which now heads to Gov. Kathy Hochul for her signature, aims to help get product on dispensary shelves when adult-use sales launch in the state.

Columbia Care Brings Cannabist Retail Experience to New York

The company is celebrating a rebrand of its Brooklyn dispensary, the first of its four locations in the state to transition to Cannabist.

Ascend Wellness Files Amended Complaint Against MedMen

The New York cannabis lawsuit stems from a terminated acquisition agreement between the two companies; Ascend asks court to dismiss countersuit.

New York Legislation Would Allow Hemp Businesses to Grow, Process Adult-Use Cannabis

Lawmakers want to ensure that dispensaries have enough product to sell when the adult-use market launches.

New York Cannabis Regulators Send Cease and Desist Letters to Unlicensed Businesses

The state’s Office of Cannabis Management warns those participating in illegal sales and ‘gifting’ that they risk receiving state licenses.

Verano to Acquire Goodness Growth for $413 Million

The multistate operator will enter the New York, Minnesota and New Mexico markets, and expand in Arizona and Maryland, through the proposed deal.

New York Doctors Can Now Recommend Medical Cannabis for Any Condition

The state’s Office of Cannabis Management has launched a new certification and registration system that expands patient access and availability.

Columbia Care Welcomes Derek Watson as CFO

Watson brings more than 30 years of broad finance and leadership experience.

New York Governor Announces $200 Million Fund to Support Social Equity Cannabis Businesses

Gov. Kathy Hochul announced the fund during her Jan. 5 State of the State address.

Pfizer Enters $6.7-Billion Acquisition Deal With Cannabis Pipeline

The American multinational pharmaceutical and biotechnology company signed an agreement with clinical-stage company Arena Pharmaceuticals.

Cannabis Business Times’ Top 10 Articles of 2021

A roundup of our most-read stories from the past year.

More Than 400 New York Municipalities Opt Out of Adult-Use Cannabis Sales Ahead of Dec. 31 Deadline

Many local officials have decided to hold off on hosting dispensaries until regulators provide more clarity on the program.

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