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New York Shuts Down Over 1,000 Illegal Cannabis Stores, Boosting Legal Sales By 72%
Wednesday, July 31, 2024 - 5:39pm | 641New York Governor Kathy Hochul and NYC Mayor Eric Adams and other key city officials, announced that more than 1,000 illicit cannabis stores have been shut down across the state. This figure includes 779 illegal stores padlocked in New York City and an additional 230 closures statewide, as part of...
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Video: NYC Cops Raid And Arrest Cannabis Shopkeeper — Does Mayor Adams' 'Operation Padlock' Violate Due Process?
Monday, June 3, 2024 - 4:37pm | 717NYC Mayor Eric Adams' newly established mayoral task force known as Operation Padlock has taken to aggressively targeting shops suspected of selling illegal marijuana, judging from a video that surfaced of a Staten Island raid, which has sparked concerns over due process and the wisdom of using the...
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NY Cannabis Office Overhauled: Gov. Hochul Plans To 'Unclog The Licensing Bottleneck'
Monday, May 13, 2024 - 3:22pm | 565Since a scathing report about the woeful inadequacies of New York's legal cannabis program hit the airwaves Friday, which included a shakeup within the Office of Cannabis Management (OCM), Governor Kathy Hochul (D) announced a complete overhaul of the agency responsible for the repeatedly botched...
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Scathing Internal Report Exposes New York's Cannabis Agency As Inexperienced, Irresponsible, Ineffective: Heads Are Rolling
Friday, May 10, 2024 - 6:44pm | 557An internal review released Friday revealed significant challenges, to put it nicely, plaguing New York’s legal cannabis market. The issues are primarily attributed to inexperienced leadership within the state’s Office of Cannabis Management (OCM). The report was blunt, calling the OCM...
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Illicit Cannabis Sellers Meet NYC Mayor Adams Over A Whopper At Burger King, Amid $15M Lawsuit
Sunday, March 24, 2024 - 2:47pm | 623In a move that surprised even the most cynical of New Yorkers and quite a few city cops, New York City Mayor Eric Adams held a face-to-face meeting with a group of individuals who've taken to congregating at a Burger King just several blocks from City Hall — an area dubbed by some as an “open...
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Barclays Center Welcomes New Travel Agency Cannabis Store Amid NY's Expanding Legal Market
Monday, January 22, 2024 - 5:03pm | 330The Travel Agency: A Cannabis Store and Curaleaf Holdings Inc. (OTC: CURLF) are opening new cannabis shops in New York, enhancing the state's legal cannabis retail presence. The Travel Agency is set to become the first brand with multiple locations, while Curaleaf is opening its first adult-use...
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Wall Street Triumphs As New York Governor Blocks Ban On Non-Compete Clauses Despite Vocal Opposition
Sunday, December 24, 2023 - 12:40pm | 555Despite vocal opposition, Governor Kathy Hochul of New York vetoed a bill designed to ban non-compete clauses in employee contracts. What Happened: Following considerable pressure from Wall Street, healthcare institutions, and business groups, Hochul vetoed the bill (S3100), reported Bloomberg....
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Anti-Legalization Group Challenges New York's $200M Social Equity Fund In Fed Lawsuit
Friday, September 8, 2023 - 12:07pm | 745"It is unlawful to knowingly open, lease, rent, maintain, or use property for the manufacturing, storing, or distribution of controlled substances," states a recent lawsuit brought against the State of New York by the Cannabis Impact Prevention Coalition. What Happened The group, which...
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OnPoint NYC: A Bold Approach To Tackling The Opioid Crisis Faces Legal Hurdles
Thursday, August 10, 2023 - 11:38pm | 813In the heart of Manhattan, NY, a nonprofit organization has become a lightning rod for a nationwide debate as it forges ahead with a groundbreaking strategy to combat the escalating opioid crisis. Employing the contentious method of supervised consumption, OnPoint NYC is on a mission to thwart...
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New York Crackdown On Illicit Cannabis Continues, Enforcement Hearing And Message From Gov. Hochul
Wednesday, June 28, 2023 - 4:53pm | 736In a significant move against illegal cannabis operations, New York's Office of Cannabis Management (OCM) conducted its first enforcement hearing. This hearing marked the beginning of a crackdown on illicit shops following legislation granting the OCM and the Department of Taxation...
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NY Gov. Hochul Shuts Down Illicit Cannabis Shops, Pace Of New Stores Is 'Frustrating'
Friday, June 23, 2023 - 1:13pm | 768New 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...
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New York State Legislature Passes Clean Slate Act To Aid Individuals With Past Criminal Convictions
Saturday, June 10, 2023 - 10:48am | 577The long-stalled Clean Slate Act passed in the New York Senate and Assembly late Friday. The bill will automatically seal certain criminal records after a waiting period - three years for misdemeanors and eight for felonies. Sex crimes and most Class A felonies, such as...
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New York Introduces Cannabis Farmers' Markets To Address Supply Chain Glut And Lack Of Retail Shops
Friday, May 26, 2023 - 3:56pm | 837New York's Office of Cannabis Management (OCM) has unveiled an innovative plan to introduce cannabis farmers' markets this summer as a way of tackling the supply chain challenges caused by limited retail outlets across the state. With only 13 operational retailers in New...
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Chuck Schumer Attends NYC's 50th Annual Cannabis Rally As Queens DA Shakes Down Illicit Weed Shops
Monday, May 8, 2023 - 3:07pm | 413New Yorkers waited in long lines Saturday outside green tents with a unique twist on the city's logo. Instead of the traditional "We Love NYC" design, the new merchandise featured a marijuana leaf, a sign of the city's open attitude towards the plant. As reported by...
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As NY's Cannabis Rollout Drags On, Ancillary Service Providers Feel The Financial Pain
Thursday, May 4, 2023 - 4:01pm | 482When adult-use cannabis was legalized in New York in 2021, industry analysts projected a surge in demand for ancillary services, including but not limited to real estate agents, accountants and many other professionals. The idea was that these businesses would benefit...