New York’s much-awaited revised marijuana industry rules were issued Wednesday by the Office of Cannabis Management, to the delight of stakeholders who immediately began poring over them for significant changes. The new rules are also on the agenda for Thursday’s Cannabis Control Board meeting. Two East Coast lawyers quickly dissected the 336 pages and identified several … [Read more...] about New York Regulators Issue Revised Cannabis Industry Rules
The Empire Strikes Back
New York Governor Signs Legislation To Reign In Illicit Weed Market
New York Governor Kathy Hochul on Wednesday signed legislation to reign in the state’s illicit marijuana market that includes penalties for unlicensed cannabis retailers of up to $20,000 per day. The legislation, which increases civil and tax penalties for the illicit sale of cannabis in New York, was signed into law as part of the state budget for the 2024 fiscal year. Hochul … [Read more...] about New York Governor Signs Legislation To Reign In Illicit Weed Market
Medicinal cannabis industry says more work needed to address illegal sales
The medicinal cannabis industry in New York is worried the state's efforts to address illicit marijuana sales won't go far enough in addressing the ongoing problem in the state. New York lawmakers and Gov. Kathy Hochul in the newly approved $229 billion state budget agreed to new penalties for businesses that sell cannabis without a license, including civil fines and … [Read more...] about Medicinal cannabis industry says more work needed to address illegal sales
2 illegal marijuana trucks confiscated in Queens
NEW YORK -- Police confiscated two mobile marijuana dispensaries operating illegally on different street corners in Astoria, Queens. One truck was towed away, and the other was driven away. During the investigation, detectives say they made purchases from both trucks and found hundreds of packages of edible cannabis packaged to look like popular children's candies and … [Read more...] about 2 illegal marijuana trucks confiscated in Queens
Weeding out gray market cannabis operators presents special challenges for states
March 8, 2023 - Efforts to legalize adult-use and medical cannabis do not show sign of slowing up, with nearly 39 states having legalized cannabis in some capacity (and 21 states and the District of Columbia now allowing adult-use). Legalization efforts usually rely, at least in part, on the promise of tax revenue which (in many states) results in higher prices than what the … [Read more...] about Weeding out gray market cannabis operators presents special challenges for states
Smoke shop sting leads to cannabis arrest in Cortland
CORTLAND, N.Y. (WHCU) – Authorities in Cortland make an arrest for illegal cannabis sales at a local smoke shop. City of Cortland Police began investigating complaints of underaged kids at Cortland Jr./Sr. High School and in the community possessing THC vape pens. They look similar to tobacco vape pens, however they contain the active ingredient in marijuana, THC. … [Read more...] about Smoke shop sting leads to cannabis arrest in Cortland
Exclusive: News 12 rides along with the NYC Sheriff’s Office for illegal cannabis crackdowns
The New York City Sheriff’s Office says it has been receiving more complaints about unlicensed smoke shops, and News 12 joined them as they popped in on some in the Bronx. News 12 joined the New York City Sheriff’s Office as they swept shelves clean in the illegal smoke shops, and it’s the first time these smoke shop busts have ever been captured on camera in the … [Read more...] about Exclusive: News 12 rides along with the NYC Sheriff’s Office for illegal cannabis crackdowns
Cannabis tax reform, illegal market crackdown eyed for state budget
Lawmakers have started pushing to reform the tax system of the state's cannabis industry in the early stages of coming online, as well as ways to crack down on illicit shops in the next state budget. Unlike other U.S. states that legalized recreational cannabis — marijuana distributors in New York face a potency tax based on the level of THC in their products. There's then … [Read more...] about Cannabis tax reform, illegal market crackdown eyed for state budget
