new york marijuana Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

The exodus at NY’s Office of Cannabis Management continues

At least four high-ranking employees at New York’s Office of Cannabis Management have recently resigned their positions, a month after NY Cannabis Insider reported on other high-profile departures from the agency. The OCM confirmed the agency received notices of resignation…

N.Y. loosens advertising rules for retail cannabis shops

In the wake of complaints about New York’s draconian rules governing advertising by licensed cannabis retailers, regulators this week approved changes that will allow the businesses to tout their locations on billboards and other external signage. The proposed changes would…

N.Y. cannabis board formally adopts final homegrown rules

The state Cannabis Control Board formally adopted rules on Tuesday that will allow anyone 21 or older to cultivate their own marijuana plants at home. The proposed regulations were approved preliminarily in February but had been subject to a 60-day…

A Neighborhood Battles Illegal Weed Shops: ‘We’ve Been Begging for Help’

Just before 11 p.m. on a recent Saturday, a young woman was buzzed into Flame Zone Convenience, an unlicensed weed store on Delancey Street in the Lower East Side displaying bags of potent gummies and multiple strains of marijuana, including…

NY’s first case vs. unlicensed cannabis operator draws $15.2M fine

A Wayne County man whose eight unlicensed marijuana stores became snared in the first court battle testing the constitutionality of New York’s new cannabis enforcement regulations has been ordered to pay more than $15 million in penalties and fines, including…

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…

A Holiday for Weed Fans, Complete With Sponsors

In the culture of cannabis, April 20 is a holiday when those who partake light up in enjoyment and in protest of prohibition. Although the origins of “4/20” are debated — according to popular lore, a group of California high…

Budget deal ends marijuana potency tax and targets illegal shops in New York

The state budget that’s expected to be adopted in the coming days calls for repealing the potency tax on marijuana products as well as new regulations intended to give local municipalities, including New York City, the ability to more easily inspect and…

New York eyes crackdown on illicit weed shops. Will it work?

New York’s elected officials can agree on one thing when it comes to the state’s troubled marijuana market: The state must do something about the thousands of unlicensed cannabis sellers. And they appear near a deal to give local governments…

No, a judge didn’t void all of New York’s legalized marijuana laws. He struck down some

New York’s cannabis industry was unsettled Thursday by a judge’s ruling that appeared to strike down all regulations governing recreational marijuana in the state. But a key portion of the order turned out to be a mistake. The Wednesday ruling was amended…

A Legal Pot Pioneer Was Busted in Idaho With 56 Pounds. He Has a Plan.

In retrospect, the Idaho shortcut might have been a bad idea. The mission had already begun to go sideways when Dana Beal — a pioneer of New York’s marijuana legalization movement but someone who has never obtained a driver’s license…

New York’s Marijuana Scorecard: 85 Legal Shops, 2,000 Illegal Ones

After three years of fits and starts, the rollout of New York’s recreational cannabis market gained speed in 2024, most notably with the opening of about 50 licensed dispensaries so far this year. But the licensed retailers, who number about…

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…

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…

Grown in Oklahoma, Smoked in New York: Illicit Marijuana’s Legal Roots

In the dead of night last April, state drug agents in Oklahoma intercepted an 18-wheeler rumbling east toward the Arkansas border smuggling 7,000 pounds of marijuana hidden in security camera boxes. The weed was from licensed farms in Oklahoma, according…

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