Kathy Hochul

As New York’s cannabis industry gains momentum, retailers and processors face a major challenge: a shortage of high-quality, locally grown cannabis flower. Despite the opening of numerous retail stores, which has significantly driven up demand, the supply has not kept pace, leaving many to...

New York’s dream of a thriving legal cannabis market for many licensed retailers remains just that – a dream, as the gap between the issued licenses and operational dispensaries widens alarmingly.  The New York Office of Cannabis Management (OCM) has issued a total of 1,117 licenses,...

As yet another Benzinga cannabis event is approaching this month, where top CEOs, executives and entrepreneurs will share their valuable business insights, let’s scroll through the latest industry appointments. Join the Benzinga Cannabis Market Spotlight in New Jersey on June 17th! Grow your...

Weedmaps (NASDAQ:MAPS) (NASDAQ:MAPSW) has shared significant data on New York’s cannabis market for the first quarter of 2024. This data paints a vivid picture of who the cannabis shoppers in New York are and what they're purchasing, providing valuable insights into the market’s...

New York State’s journey toward comprehensive cannabis legalization reached a new milestone as the Cannabis Control Board officially approved home cultivation rules for residents. This landmark decision allows New Yorkers 21 and older to grow their own weed at home, adhering to specific plant...

New York Lawmakers Approve Bill For Permanent Cannabis Farmers Markets New York legislators passed a bill to make cannabis farmers markets a permanent fixture. Sponsored by State Sen. Michelle Hinchey (D) and Assembly member Donna Lupardo (D), the bill aims to support growers by allowing licensed...

New York City’s controversial plan to charge $15 for congestion pricing to enter Manhattan has been stalled. What Happened: New York Governor Kathy Hochul announced an indefinite pause on Wednesday. "Let's be real: a $15 charge may not mean a lot to someone who has the means, but it can...

Since a scathing report about the woeful inadequacies of New York's legal cannabis program hit the airwaves Friday, which included a shakeup within the Office of Cannabis Management (OCM), Governor Kathy Hochul (D) announced a complete overhaul of the agency responsible for the repeatedly botched...

Licensing retail cannabis shops has moved at a snail’s pace over the past year, much to the chagrin of industry stakeholders and multi-state operators keen to cash in on New York’s huge and sure-to-be lucrative market. New York farmers who grew cannabis watched their crops grow moldy,...

An earthquake that started in Tewksbury, New Jersey and rippled across the tri-state area had plenty of metropolitans nervous, with New York Governor Kathy Hochul issuing a swift response. What Happened: According to Earthquake.usgs.gov, the quake’s magnitude registered between 4.7 and 4.8 on...

New York lawmakers are looking to expand on last year's efforts from state authorities to crack down on illicit cannabis sales. One idea under consideration is a bill under which stores caught possessing or selling illicit cannabis would be stripped of their licenses to sell cigarettes, alcohol and...

Governor Kathy Hochul (D) ordered a review of the state’s cannabis licensing process, nearly two months after saying she was fed up with the slow rollout of the marijuana market. Hochul asked officials to find a solution to the inefficient cannabis licensing scheme amid a growing number of...

Virginia Governor’s Veto Raises Controversy Over Parental Rights And Cannabis In Virginia, a significant legislative effort to safeguard the parental rights of lawful cannabis users faced a setback. Despite bipartisan support and near-unanimous approval in the Senate, Governor Glenn Youngkin...

Gov. Kathy Hochul and licensed dispensary owners are raising their voices against major social media companies like Meta Platforms Inc (NASDAQ:META) and Alphabet Inc (NASDAQ:GOOG) for allegedly promoting unlicensed cannabis businesses. In a Wednesday press conference, they called for immediate...

The owners of legal cannabis shops in New York are asking authorities to look into social media companies and tech giants they claim are making it possible for their unlicensed competitors to promote their illicit businesses. To that end, they’re calling on Gov. Kathy Hochul to take action...