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94% Of NY Cannabis Retailers Oppose Loosening 1,000-Foot Buffer Zone Between Legal Shops - Is The Market At Risk?
Tuesday, August 20, 2024 - 8:49am | 428A recent survey by the New York Cannabis Retail Association (NYCRA) revealed that 94% of legal cannabis retailers oppose loosening the 1,000-foot buffer zone between marijuana dispensaries, which the Cannabis Control Board is considering. The proposed changes have sparked opposition from industry...
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NY City Council To Hochul: Stop Cannabis Buffer Zone Loosening Because 'It Encourages Illegal Sales'
Wednesday, August 14, 2024 - 6:33pm | 728Nine members of New York City's "Common Sense" Caucus are taking a stand against the state's Cannabis Control Board (CCB), urging Governor Kathy Hochul to block a proposal that could flood the city with more cannabis dispensaries. This proposal, if approved, would allow waivers to the existing 1,...
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Cannabis Czar Dasheeda Dawson Puts Social Equity, Restorative Justice In Perspective: 'It's Part Of My Life's Work'
Tuesday, July 9, 2024 - 12:18pm | 2487Dasheeda Dawson keeps busy by ensuring the implementation of equitable and effective cannabis rules and regulations. Before she became New York’s “Canabis Czar,” Dawson made her mark in Oregon. She developed Portland's legal cannabis businesses, including its regulatory licensing...
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New Yorkers To Rally For SMOKEOUT Act & Against Illicit Weed Shops, Here's Why, Where And When
Friday, April 12, 2024 - 7:58pm | 510Governor Kathy Hochul (D) and Assemblymember Jenifer Rajkumar (D) proposed a tough new policy change, known as the SMOKEOUT Act that would allow local law enforcement to directly padlock and shut down the thousands of unlicensed smoke shops selling marijuana throughout New York City and state....
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New York's Weed Disaster, Virginia's Alcohol Model And Kentucky's GOP Hurdles, Plus Hawaii And Florida Updates
Friday, February 2, 2024 - 10:32am | 628New York's Cannabis Rollout: A Rocky Start Describing the rollout as a "disaster," Governor Kathy Hochul Hochul criticized the legislation's initial setup and the state's execution of the cannabis program. The frustration is growing over the slow pace of license distribution...
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New York Lawmakers Urge Gov. Hochul To Sign 'Cannabis Crop Rescue Act' To Aid Struggling Farmers
Tuesday, September 26, 2023 - 9:11pm | 666A group of 66 New York lawmakers has issued an urgent plea to Governor Kathy Hochul, calling on her to sign the 'Cannabis Crop Rescue Act,' legislation designed to address the dire situation faced by over 200 licensed cannabis farmers in the state. Background These farmers currently...
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Finally! Legal Cannabis Sales Will Begin In The Big Apple Dec. 29, Gov. Hochul Announces
Wednesday, December 21, 2022 - 2:55pm | 258New York state will finally kick off legal recreational marijuana sales, Governor Kathy Hochul announced on Wednesday. Hochul said that Housing Works will make the first retail sale of adult-use cannabis on Dec. 29 at a storefront at 750 Broadway. "We set a...
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New York Takes Another Step Toward Completing Its Cannabis Program: Retail Dispensary Licenses Available This Month
Thursday, August 11, 2022 - 8:17pm | 699The NY Office of Cannabis Management announced it will begin accepting applications for Conditional Adult-Use Retail Dispensary (CAURD) licenses starting on August 25, 2022. The application window will close on September 26, 2022. “This announcement brings us to the precipice of legal,...
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NY Gov. Hochul Appoints NBA Hall Of Famer Chris Webber's Minority-Led Investment Team To Manage $200M Cannabis Social Equity Fund
Wednesday, June 22, 2022 - 5:25pm | 524Governor Kathy Hochul announced the next steps toward advancing social equity in New York's growing soon-to-boom cannabis industry. The governor's announcement includes the selection of Social Equity Impact Ventures, LLC, a premier minority-led investment team, to sponsor and manage...
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Cannabis Licensing: Will New York's Social Equity Model Set The Trend Or Get Tripped Up?
Friday, May 6, 2022 - 8:26am | 994Several states that have recently or soon intend to roll out their adult-use cannabis marketplaces hope progressive equity licensing measures pay off, unlike the states before them. New York, New Jersey, Illinois and others aim to address criminal records while prioritizing licensing for...
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NY Gov. Kathy Hochul: Cannabis Board Approves First 52 Cultivation Licenses In The State
Thursday, April 14, 2022 - 4:49pm | 376New York Governor Kathy Hochul announced that the Cannabis Control Board has approved 52 adult-use Cannabis Conditional Cultivator Licenses across the state. These are the first adult-use cannabis licenses granted in New York. Regulators are allowing New York's hemp growers to supply the...
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Tesla Pushing For Direct Sales In New York: What It Could Mean For Investors
Tuesday, January 11, 2022 - 12:09pm | 924Despite being the largest electric vehicle company by units in the Unites States, Tesla Inc (NASDAQ: TSLA) still faces several disadvantages to traditional automakers. The prohibition against direct sales is among the stumbling blocks the company faces, and it's a challenge Tesla is now...
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New York Holds First Cannabis Board Meeting: Short & Sweet, But It's A Start
Tuesday, October 5, 2021 - 5:17pm | 597Six months after New York legalized marijuana for recreational use, the Empire State is finally getting down to the brass tacks of setting up the industry and laying down the rules for growing, processing and selling cannabis while ensuring that the social equity provisions enshrined in the law are...