Marijuana Dispensaries Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

Looking for a (legal) marijuana dispensary in NYC? What you need to know about NY’s weed market.

As Mayor Eric Adams shuts down hundreds of unlicensed marijuana stores, displaced customers are increasingly turning to the growing number of legal dispensaries that are cropping up across New York City. But some cannabis consumers say they are still confused about how to distinguish…

NYC’s latest crackdown on illegal weed shops is finally shutting them down

Thousands of marijuana shops boldly opened without a license in New York City after the state legalized recreational use of the drug, but after more than a year of lax enforcement, new state rules are finally allowing officials to padlock…

NYC shutters 75 illicit weed shops in first week of crackdown, with hundreds and hundreds to go

Seventy-five illegal weed shops were shuttered in the first week of the Adams administration’s “Operation Padlock” crackdown on illicit marijuana sales in the city, officials announced Tuesday. The first batch of closures marks a drop in the bucket as there…

MedMen’s fall shows the difficulties of the legal weed business

March 26, 2024
AggregatedNews
Retail
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In the summer of 2018, MedMen opened a boutique cannabis dispensary on Abbot Kinney Boulevard in Venice — “the coolest block in America,” as the company hyped in a press release at the time. With natural light pouring through floor-to-ceiling windows…

Delaware weed stores will have the chance to offer ‘deli-style’ sales

When buying lunch meat from the grocery store, you usually have two options: visit the deli and get your turkey sliced to your desired weight and thickness, or grab some already packaged. That’s what advocates for marijuana users want in…

Illegal pot shops across New York City are hurting legitimate marijuana dispensaries, Gov. Kathy Hochul says

Gov. Kathy Hochul says the abundance of illegal marijuana dispensaries in New York is hurting legitimate businesses, and she's asking social media companies to help her crack down on illegal pot shops. The space where Bar Veloce is now on Ninth Avenue may…

California

Bay Area cannabis shops are closing as pot sales slump

California’s legal cannabis market continues to descend into financial turmoil, according to the latest annual tax figures released this week. The total market is shrinking in size, according to state-released data, and additional tax information obtained by SFGATE shows hundreds of pot…

New York Fined Unlicensed Weed Shops More Than $25 Million — and Collected Almost None of That

February 24, 2024
AggregatedNews
New York
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The state has levied more than $25 million in fines against unlicensed smoke shops for selling cannabis products since last year, but so far only a minuscule percent of those fines have been collected by both the state Tax Department…

Arizona tried adding equity into marijuana licensing. Dispensary chains still took over

January 22, 2024
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Arizona
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Would-be partners have offered Abel Ochoa "crazy amounts of money" for the social equity marijuana license he and his cousin own. "I had somebody offer me $17 million," he said, laughing. "If I would've just took the money, like yeah,…

Minnesota cannabis regulators say state will likely need 381 dispensaries at a minimum

January 18, 2024
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Minnesota
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State cannabis regulators set what will likely be the floor for new cannabis dispensaries in Minnesota: 381. In a report issued this week, the Office of Cannabis Management estimated the number of retailers that would be needed to meet requirements in…

Nyc

3 more marijuana dispensaries to open in NYC

December 15, 2023
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New York
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Three marijuana dispensaries are poised to open in New York City over the next few days, after a state judge lifted a court order that temporarily barred new retailers from selling cannabis products. Cannabis Emporium will open on Thursday as…

Stuck in the haze: Some aspiring New York cannabis sellers wait to open shop even as state greenlights more dispensaries

December 13, 2023
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New York
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New York cannabis regulators took their first first step toward opening up new recreational dispensaries on Friday after lawsuits tied up the market since August. Sellers say it’s a step in the right direction but the market still has a…

N.Y. Cannabis Board Settles Suits, Paving Way for Dispensaries to Open

November 27, 2023
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New York
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The New York State cannabis board voted Monday to approve a settlement that would resolve two lawsuits and end a three-month-long freeze on recreational dispensary openings across the state. The agreement would salvage the state’s interim licensing program, which gives…

Texas

Texas DPS says more than 130 medical marijuana dispensary applications received so far

November 10, 2023
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Texas
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More than 130 applications have been received by the Texas Department of Public Safety from those looking to open a medical marijuana dispensary in Texas. A bill to expand Texas' medical marijuana program was passed by the state House of Representatives in April before it…

Arizona is oversupplied with marijuana as brands seek shrinking shelf space in dispensaries

November 3, 2023
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Arizona
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When marijuana was outlawed in Arizona, smoking the plant’s flower was the primary way to feel its effects. Now adults and medical patients can instead choose vape pens, gummies and even beverages. Machinery filled and sealed a long line of…

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