February 12, 2025
Cannabis Lab Fraud Allegations Shake New York’s $1 Billion Market

New York’s legal cannabis market has surpassed $1 billion in sales, but concerns over cannabis lab fraud are raising alarms. Recent reports suggest some testing labs are inflating THC potency levels and manipulating safety data. This is a problem that has plagued other states’ cannabis industries. As scrutiny intensifies, the integrity of New York’s cannabis […]

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August 16, 2024
High Stakes and Long Waits Mark New York Cannabis Licensing Review in 2024

New York's journey to establish a thriving adult-use cannabis market continues to face hurdles, with state regulators still reviewing business license applications submitted in late 2023.  The Office of Cannabis Management (OCM) received an overwhelming response during two application windows last year, with nearly 7,000 hopeful entrepreneurs vying for a place in the Empire State's […]

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October 6, 2023
New York Set to Expand Cannabis Industry with 1,500 Additional Licenses

In response to the surplus of unsold marijuana and the limited number of retailers in operation, New York regulators announced plans to issue up to 1,500 new cannabis business licenses. The move comes as a significant step to address the bottleneck currently faced by growers in the state. The Office of Cannabis Management (OCM) disclosed […]

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