New York: Page 8

Adult-Use Cannabis Sales Have Generated $15 Billion in State Tax Revenue

Since Colorado and Washington launched adult-use cannabis sales in 2014, states have generated more than $15 billion in adult-use cannabis tax revenue, according to an analysis from the Marijuana Policy Project. Here's a state-by-state breakdown of tax revenue from 2022.

Diverse Members of Cannabis Community in New York to Rally, Demand Immediate Opening for All Adult-Use Retail Applicants

The rally will include faith leaders, justice involved licensees and applicants, and New Yorkers impacted by the drug war. They will call on the governor to act.

New York Governor Announces Results of State’s First Enforcement Actions Against Illicit Cannabis Retailers

The enforcement actions, carried out under a new law, resulted in the seizure of roughly 1,000 pounds of product, valued at nearly $11 million.

‘The Lost Year’: New York’s Adult-Use Cannabis Industry Grapples With Sluggish Rollout

With 13 state-licensed retailers operational, cultivators are struggling to sell their surplus of adult-use cannabis products.

Acreage Holdings CEO Elects to Resign in Leadership Transition

Peter Caldini is stepping down at the end of the month; Dennis Curran, the company’s chief operating officer, was appointed to assume the reins.

Settlement Allows New York Regulators to Issue Dispensary Licenses in Area Previously Blocked by Injunction

A federal lawsuit had barred the Cannabis Control Board from awarding cannabis retail licenses in the Finger Lakes region.

New York Cannabis Sales Hiding in Shadows of Connecticut, Missouri, Rhode Island, Vermont (and Illicit Market)

Despite 19.5 million residents, the Empire State is falling behind its legalization peers that recently launched adult-use sales.

Beyond the Show: Nicolas Guarino

New York's adult-use cannabis market may be off to a slow start, but the team at Naturae is moving fast and growing its brand on the front lines.

New York’s Medical Cannabis Operators Could Switch to Adult Use by Year’s End

Under a revised regulations proposal, a one-time special licensing fee of $20 million would apply for medical licensees to enter the adult-use retail market.

New York Governor Signs Legislation to Crack Down on Illicit Cannabis Market as Part of State Budget

The Office of Cannabis Management can now seize product and seek injunctions to close illicit shops, and the Department of Taxation and Finance can issue fines of up to $20,000 per day.

Gov. Kathy Hochul’s Fight to Diminish New York's Illicit Cannabis Market Continues

Hochul has introduced a public education campaign to educate New Yorkers on why they should purchase cannabis from regulated dispensaries.

New York Officials Issue 99 Additional Adult-Use Dispensary Licenses

Thirteen of the Conditional Adult-Use Retail Dispensary licenses went to applicants in regions that were previously blocked from receiving licenses due to litigation.

Previous Page

Page 8 of 34

Next Page