Black Market Archives - Page 3 of 4 - Cannabis Business Executive

The black market strangled California’s legal weed industry. Now it’s coming for New York.

Lax enforcement has allowed illicit sales to flourish — with little incentive to go mainstream. NEW YORK — Inside a Brooklyn smoke shop, past rows of bongs and other paraphernalia, a display case is piled high with legal hemp and…

How Old Fashioned Tactics Can Stomp Out Illegal Pot Shops In NYC

NYC has one of the world's most sophisticated underground cannabis supply chain networks making it nearly impossible to eradicate their activity. This puts legal entrepreneurs at a competitive disadvantage in market share and price wars because of the higher taxes,…

Legal Marijuana Still Faces High Hurdles in New York

New York’s optimism is fading Just outside the Luxury Meets Cannabis Conference in New York City last Thursday, where a well-coiffed crowd in designer clothes sampled artisanal hemp beverages and checked out discreet packaging for hash pre-rolls, stores openly sold…

Inside the ‘wild, wild west’ of Virginia’s marijuana market

THC-infused pies, Tupperwares of bud: businesses are making it work in the unregulated gray market Sitting on a party bus next to his son and a vacant stripper pole, Erik Jorgensen, 62, ran his thumb along a hand-carved pipe and…

Former AG: Local prosecutors need to step up and shut down New Jersey’s Illegal cannabis market | Opinion

By Chris Porrino and Peter Slocum When I was attorney general of New Jersey, the discussion surrounding the legalization of cannabis for adult recreational use was just heating up. We knew back then, based on polling of eligible voters, that…

NYC Mayor Adams vows to not be ‘heavy-handed’ on illicit weed sales: ‘Enjoy yourself, light up’

It’s a green new day for weed dealers in the Big Apple. Mayor Adams promised Friday to not take a “heavy-handed” approach toward those who sell marijuana illicitly in the city and gave New Yorkers his blessing to smoke more…

New York’s Weed Rush Is Here. They Came to Cash In.

For generations, entrepreneurs and dreamers have moved to New York City to strike it big. Now they’re coming to sell a lot of cannabis. S. was 30 and C. was 22 when they first met — at a focus group…

Legalised cannabis in Canada and US hasn’t killed illegal market

Some cannabis users continue to buy the drug from illegal sources for years after it is possible to purchase it from regulated, legal shops, because the illegal sources can be cheaper or easier to access, a survey in Canada and the US…

Op-Ed: Why legal weed is losing the war to illegal weed

The market for legal weed is growing. But in California, as elsewhere, it faces serious challenges. We’re not talking about droughts, climate change or supply chain shortages. The biggest challenge is competition from illegal weed. Our best estimate is that…

NYC weed dealers sell pot that looks like candy and ice cream to kids

Pot peddlers are hawking their weed near kids as young as 10 — with some buds camouflaged to look like candy or ice cream cones — in and around several Inwood schools. On Thursday, The Post witnessed three different deals…

Legal or not, a cannabis dispensary is expanding across the city

Empire Cannabis Clubs in Chelsea is everything you’d imagine a marijuana dispensary to be. There are glass display cases with a variety of marijuana buds, known as flower, and shelves full of edibles, pre-rolled joints, vape cartridges and other THC…

In California pot market, a hazy line between legal and not

LOS ANGELES (AP) — On an isolated farm, greenhouses stand in regimental order, sheltered by a fringe of trees. Inside are hundreds of head-high cannabis plants in precise rows, each rising from a pot nourished by coils of irrigation tubing.…

‘Talk About Clusterf—’: Why Legal Weed Didn’t Kill Oregon’s Black Market

Legalization was supposed to take care of the black market. It hasn’t worked out that way. CAVE JUNCTION, Ore. — The first unlicensed cannabis grow popped up near Gary Longnecker’s remote Southern Oregon home seven years ago. Now there are…

‘There’s No Rules Right Now’: Inside Oklahoma’s Surprising Weed Crackdown

In a deep-red state that became the nation’s hottest marijuana market, keeping regulations to a minimum didn’t keep the bad guys out. LOVE COUNTY, Okla. — Shortly after sunrise on July 22, a dozen or so police officers from across…

California legalized weed five years ago. Why is the illicit market still thriving?

ive years after cannabis legalization, California is awash with signs of an apparently booming industry. Californians can toke on Justin Bieber-branded joints and ash their blunts in Seth Rogen’s $95 ceramics. They can sip on THC-infused seltzers, relax inside a…