NY Department of Taxation and Finance

New York’s ambitious crackdown on unlicensed cannabis retailers has hit a significant roadblock. Despite imposing over $25 million in fines since 2023, the state has barely recouped any of the levied amounts. This issue underscores the challenges faced by Gov. Kathy Hochul’s...

New York Gov. Kathy Hochul has taken decisive action against unlicensed cannabis shops, announcing the temporary closure of over two dozen businesses. While acknowledging the sluggish pace of licensed dispensary openings, Gov. Hochul reassured the public that there are currently 15 licensed shops...