Tag: new york
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New York Now Has 150 Licensed Adult-Use Cannabis Dispensaries
Days ago New York’s Governor announced that the state’s legal cannabis industry had crossed a major milestone – there are now 150 licensed recreational cannabis dispensaries operating in the state. The announcement comes amidst a push by New York regulators to shut down unlicensed cannabis dispensaries across the state. “Governor Kathy Hochul announced New York…
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New York City Has Shut Down Over 630 Illegal Cannabis Stores
New York City officials recently launched ‘Operation Padlock to Protect,’ and according to a recent news release from the City, regulators have shut down over 600 cannabis shops operating without a license. Unlicensed cannabis stores have proliferated New York City in recent years. “We have been clear: illegal smoke shops will no longer be able…
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New York State Currently Has 144 Licensed Cannabis Dispensaries Operating
Earlier this week New York Governor Kathy Hochul announced the New York State Cannabis Control Board (CCB) has “authorized the issuance of 109 adult-use cannabis licenses spanning the supply chain, encompassing microbusinesses, cultivators, processors, distributors, and retail dispensaries.” “New York is building a robust and equitable legal market that is driving significant economic growth for…
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Legal New York Dispensaries Near Closed Illegal Shops See A 27% Rise In Sales
On May 21st, 2024, New York regulators launched an enforcement task force with the goal of shutting down unregulated cannabis shops that have proliferated the state. The task force’s creation came after lawmakers in New York increased local enforcement powers. In total, over 500 illegal stores have been shuttered, 400 of which were located in…
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New York Approved 105 More Adult-Use Licenses, Bringing Total To 654 Issued In 2024
This week the New York Cannabis Control Board approved 105 adult-use cannabis licenses. The issuance of the latest round of adult-use cannabis industry licenses in New York brings the state’s total up to 654 for the calendar year. “New York is building a robust and equitable legal market that is driving significant economic growth within…
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How Many Cannabis Consumers In New York Use Weedmaps?
On March 31, 2021, New York State legalized adult-use cannabis when lawmakers passed the Marijuana Regulation & Taxation Act. Additionally, New York’s Governor signed legislation in July 2014 that legalized medical cannabis in the state. The first legal adult-use cannabis sale occurred in New York State on December 29, 2022, at Housing Works Cannabis Co,…
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What Is The Fine For Operating Cannabis Businesses In New York Without A License?
Legal adult-use cannabis sales began in New York State in December 2022. The first legal sales happened at a registered dispensary in Manhattan’s East Village at a retailer named Housing Works Cannabis Company. New York State’s legal cannabis industry has since had to compete with an unregulated industry that has proven hard for policymakers and…
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Study Finds That Louisiana Collected Nearly $1 Million In Cannabis Taxes In 2023
Technically, Louisiana passed a medical cannabis therapeutic measure back in 1978 (Act No. 725). However, that law never became operational since the Louisiana Department of Health never followed through with the law’s mandate to source cannabis for approved cancer and glaucoma patients. The law has since been amended several times over the years. “Initially, Louisiana’s…
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U.S. Adult-Use Cannabis Industry Surpasses $20 Billion In Total Tax Revenue
The United States adult-use cannabis industry has generated over $20 billion in total tax revenue since the first legal recreational cannabis purchase was made in Colorado on January 1st, 2014 according to a new report by the Marijuana Policy Project. “Through the first quarter of 2024, states have reported a combined total of more than…
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9% Of United States Adults Report Using Cannabis Regularly
Cannabis remains illegal at the federal level in the United States, however, 24 states and the District of Columbia have modernized their cannabis policies to permit recreational cannabis use by adults. Many more permit cannabis for medical use. The results of a new Gallup survey are out, in which adult cannabis consumers across the United…