New York Cannabis

Editor’s note: This story has been corrected to reflect that Curaleaf is headquartered in New York City. Curaleaf CEO Matt Darin told Benzinga at the Cannabis Capital Conference in Miami that the company has recently increased its presence in New York. The New York City-based...

Two companies, Variscite New York Four LLC and Variscite New York Five LLC, filed a lawsuit against New York's Office of Cannabis Management (OCM), arguing the state's cannabis licensing program unfairly favors residents, in violation of the Dormant Commerce Clause.  The two companies...

BDSA's analyst Brendan Michel-Chesebro sheds light on the potential of cannabis products on the U.S. cannabis market, highlighting the significant opportunities and risks for 2024. Opportunities and Risks in Hemp Products Hemp-derived products, unlike their cannabis counterparts, are not bogged...

Governor Kathy Hochul, New York AG Letitia James and the Office of Cannabis Management (OCM) closed down Big Chief Smoke Shop in Bay Ridge, Brooklyn for selling unregulated cannabis products without a license. This marks the ninth unlicensed cannabis store shut down this year, with...

Considering the significant growth potential in New York's cannabis market and the strategic positioning of Multi-State Operators (MSOs) highlighted in Zuanic & Associate's latest report, how might investors capitalize on these burgeoning opportunities? New York State's Cannabis...

Despite licensing chaos, lawsuits and a booming illicit weed market, New York's two dozen legal weed shops managed to pull in $83 million year-to-date, according to the state’s cannabis regulator.  And now, New York will open five new retail shops, bringing the number...

As the Northeast U.S. cannabis market takes the lead in growth potential, questions arise on how the region can transform the industry playbook. Can collaboration between legacy operators and established companies pave the way for a thriving, profitable future? At the Benzinga...

Mississippi Announces Major Cannabis Rule Revisions Mississippi's Department of Health has unveiled extensive revisions to cannabis industry regulations, seeking public input until Oct. 2. The changes primarily focus on precise definitions of industry terms, including distinctions between...

Tuesday’s unanimous approval of rules and regulations that will oversee the rollout of New York’s severely delayed cannabis program was met with relief as the Cannabis Control Board board members passed the regulatory package without debate. “I know that today is a day...

New York lawmakers will hold a fact-finding hearing next month to address the state’s beleaguered and severely delayed rollout of its legal cannabis industry, state Sen. Jeremy Cooney (D-Rochester) announced Thursday. “It is no secret that the state’s path to adult-use...

New York’s Flushing Meadows was apparently flush with weed smells according to Greece’s Maria Sakkari during her 6-4, 6-4 first-round upset loss to the Swiss-born Spaniard Rebeka Masarova on Monday. Sakkari, the first Greek woman to reach the Top 10 in WTA rankings history, seemed in control of...

Local Republican Assemblyman Keith P. Brown introduced a bill to counter teenage vaping and cannabis usage. Youth Vaping, Cannabis and Road Safety His proposed bills focus on introducing mandatory counseling programs for teenagers caught in vaping and attending marijuana diversion programs,...

Legal Hurdle Lifted For 30 New York Cannabis Retailers After Preliminary Injunction A recent preliminary injunction by Judge Kevin Bryant could lead to a substantial increase in operational cannabis retailers in New York. With 23 marijuana retailers already in operation out of the approved 463...

A New York judge has blocked the state from issuing new marijuana dispensary licenses on Friday, dealing yet another blow to the state's beleaguered cannabis industry, the rollout of which has been slow and chaotic. What Happened The injunction was granted to a group of four...

Hundreds of New York cannabis entrepreneurs with dispensary licenses are stuck in limbo after State Supreme Court Judge Kevin Bryant delayed his decision Friday on whether to lift an order blocking their stores from opening. Some of these license holders were just days or weeks away from...