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Search resuls for: "New York Medical Cannabis Industry Association"


4 mentions found


☆ New York is cracking down on illegal weed stores as legal market struggles to take hold
  + stars: | 2023-09-18 | by ( Stefan Sykes | ) www.cnbc.com   time to read: +3 min
A pedestrian passes a smoke shop in New York City on June 16, 2023. New York authorities are cracking down on unlicensed smoke shops that are selling cannabis. Currently, there are just 23 legal dispensaries open across the state, with only nine in New York City. But its effort has only begun to chip away at the vendors, particularly in New York City. In addition to skirting the tax system, smoke shops operating illegally may also pose significant health risks.
Persons: Spencer Platt, We're, Daniel Haughney Organizations: New, Getty, New York, Office, of Cannabis Management, CNBC, New York state's, Cannabis Management, New York City, New York Medical Cannabis Industry Association, Cannabis Control Locations: New York City, New York, New
☆ Weed has been legal in New York state since 2021 but the first dispensary is set to open — finally — in Manhattan
  + stars: | 2022-12-28 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +4 min
Marijuana has been legal in New York State since March 2021, but there are still no licensed dispensaries in NYC. The first legal dispensary in New York State will be opened by an HIV/AIDS nonprofit in Manhattan on Dec. 29, Gov. In March 2021, cannabis was legalized for recreational use in New York state. Kathy Hochul said her goal was to open 20 legal dispensaries by the end of 2022, digital news platform The City reported. Prior to this announcement, how and where to legally obtain weed in New York City was a confusing matter.
☆ Marijuana's black market is undercutting legal businesses
  + stars: | 2022-12-23 | by ( Stefan Sykes | ) www.cnbc.com   time to read: +3 min
Thriving, unregulated marijuana businesses across the United States are undercutting legal markets awaiting banking and tax reform. Unlicensed businesses are "taking a pretty hefty percent of the potential market share," according to Amanda Reiman, a researcher at cannabis intelligence company New Frontier Data. The problem is particularly cumbersome in New York City, Knowles said. Besides cease-and-desist letters, New York City has begun cracking down in other ways, too. "We will not let the economic opportunities that legal cannabis offers be taken for a ride by unlicensed establishments," the mayor said at a news conference.
☆ Some illegal cannabis shops operating in NYC are selling weed contaminated with salmonella and pesticides, survey says
  + stars: | 2022-12-01 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +3 min
A November survey tested 40 cannabis products from 20 unlicensed weed retailers in New York City. The study found harmful bacteria and pesticides in at least 16 of the products tested. Nearly 40% of the products failed at least one of the standard tests conducted on legal marijuana products, survey reports. A November survey conducted by the New York Medical Cannabis Industry Association tested 40 cannabis products from 20 unlicensed stores advertising marijuana. Consumers not only have to worry about the health concerns of potentially contaminated pot but also misleading packaging on THC products.
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