In the tranquil hamlet of Vernon Center, New York, a proposal has sprouted that’s causing quite the buzz—both literally and figuratively. Local entrepreneur Matthew Whitman envisions transforming a 40-acre plot into a cannabis cultivation facility, aiming to supply the state's burgeoning legal marijuana market. The plan, as aromatic as it is ambitious, has been met with a mix … [Read more...] about High Hopes in Vernon Center: A Budding Tale of Green Ambitions
New York
New York’s Booming Legal Cannabis Market Drives Down Prices for Consumers
New York’s legal cannabis market is experiencing rapid growth—and with it, a welcome development for consumers: a noticeable drop in the price of marijuana products. As reported by MSN Health, increased competition, wider availability, and improved supply chains have contributed to a steady decline in retail cannabis costs across the state.Since New York legalized recreational … [Read more...] about New York’s Booming Legal Cannabis Market Drives Down Prices for Consumers
New York’s Cannabis Labor Peace Agreements Face Federal Legal Challenge
A federal lawsuit has been filed challenging New York's requirement for cannabis businesses to enter into Labor Peace Agreements (LPAs) as a condition for licensure. The plaintiff contends that this mandate infringes upon federal labor laws and constitutional rights.Understanding Labor Peace AgreementsUnder New York's Marihuana Regulation and Taxation Act (MRTA), cannabis … [Read more...] about New York’s Cannabis Labor Peace Agreements Face Federal Legal Challenge
Rochester dispensary sees success partly thanks to recent billboard advertisements
ROCHESTER, N.Y. — It’s been four years since the legalization of marijuana was signed into law. But it took even more time for the law to go into effect. Some prospective business owners across the state jumped at the opportunity to work with the Office of Cannabis Management (OCM) and grown exponentially ever since. “There's a lot of hurdles, once you get open and even to get … [Read more...] about Rochester dispensary sees success partly thanks to recent billboard advertisements
Top N.Y. cannabis role sits vacant 4 years after legalization
As the state marks four years since the legalization of recreational marijuana, a vacancy to lead the state Office of Cannabis Management remains unfilled after a season of chaos — and it's unclear when that will change. The Marijuana Regulation and Taxation Act legalized cannabis for New York adults ages 21 and older in 2021. The department has weathered multiple lawsuits and … [Read more...] about Top N.Y. cannabis role sits vacant 4 years after legalization
NY cannabis merchants fume they can’t open pot lounges because of foot-dragging by regulators
The Marijuana Regulation and Taxation Act of 2021 legalized marijuana while also allowing the licensing of “consumption sites,” or spaces where customers can smoke doobie akin to a cigar bar and eat edibles or consume cannabis-infused beverages. But four years later, pot-shop operators still can’t apply for a license to open a lounge because the Office of Cannabis has yet to … [Read more...] about NY cannabis merchants fume they can’t open pot lounges because of foot-dragging by regulators
New York’s Pot Boom Is Nothing to Celebrate
Albany’s celebration of $1 billion in commercial marijuana sales earlier this year must have been music to Big Pot’s ears. “Let us celebrate the individuals, businesses, and communities in cannabis who drive our state’s economic engine,” exulted Felicia A. B. Reid, acting executive director of the state Office of Cannabis Management. No one would expect state health … [Read more...] about New York’s Pot Boom Is Nothing to Celebrate
New York Is Launching A Marijuana Business Grant Program To Help Dispensaries Run By People Harmed From Prior Criminalization
A New York grant program that will award up to $30,000 apiece to retail marijuana businesses in the state is set to open its application process next week, with applications accepted until the program’s $5 million in funding runs out. The grants are intended to reimburse eligible expenses of between $10,000 and $30,000 incurred by businesses licensed under the Conditional … [Read more...] about New York Is Launching A Marijuana Business Grant Program To Help Dispensaries Run By People Harmed From Prior Criminalization
Pro Basketball Player Iman Shumpert Launches Cannabis Brand ‘TSA Approved’ in New York
The professional basketball player, last seen on the Brooklyn Nets, is launching TSA Approved, a wellness-centric cannabis brand, in partnership with vertically integrated Glenmere Farms founded by molecular biologist Dr. Sha-Ron Pierre-Kovler, who has studied the endocanabinoid system and the benefits of THC. The lifestyle brand will be available throughout New York State … [Read more...] about Pro Basketball Player Iman Shumpert Launches Cannabis Brand ‘TSA Approved’ in New York
New York’s legal cannabis industry continues to evolve – Down to Business
Soon after New York established a framework for legalizing sales of recreational marijuana in 2022, lawsuits began flying as would-be retailers chaffed under burdensome rules and a slow-moving licensing bureaucracy. Gov. Kathy Hochul herself admitted the rollout was botched, and early last year set about getting the Office of Cannabis Management in order. The agency’s year-end … [Read more...] about New York’s legal cannabis industry continues to evolve – Down to Business
