Unlicensed New York cannabis operator is penalized $9.5 million
MJBizDaily » New York
by Kevin Huhn
1w ago
An unlicensed cannabis retailer in upstate New York has been ordered to pay $9.5 million in one of the largest penalties levied in the state’s ongoing efforts to curb illicit operations. Unlicensed New York cannabis operator is penalized $9.5 million is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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New York City program offers loans to cannabis social equity retailers
MJBizDaily » New York
by Margaret Jackson
2w ago
New York City has launched a low-interest loan program designed to provide affordable capital to licensed cannabis social equity retailers. New York City program offers loans to cannabis social equity retailers is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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Wyld dominates edibles category in adult-use marijuana markets
MJBizDaily » New York
by Andrew Long
2w ago
Wyld is well on its way to becoming the top-selling edibles brand in every state, a goal the Oregon-based company says it has set for itself. Wyld dominates edibles category in adult-use marijuana markets is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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Report details upside of New York’s adult-use cannabis market
MJBizDaily » New York
by Chris Casacchia
1M ago
New York regulators have issued a wide-ranging report on the state’s cannabis industry, which is finally showing signs of growth nearly two years after the launch of adult-use sales. Report details upside of New York’s adult-use cannabis market is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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Marijuana financier Silver Spike closes on portfolio, changes name & ticker symbol
MJBizDaily » New York
by Margaret Jackson
1M ago
Specialty marijuana finance company Silver Spike Investment Corp. has closed on a portfolio of loans and changed its name to Chicago Atlantic BDC. Marijuana financier Silver Spike closes on portfolio, changes name & ticker symbol is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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Major marijuana markets still lacking controls for suspicious lab results
MJBizDaily » New York
by Chris Roberts
1M ago
More than half of the country’s biggest marijuana markets do not have a reference lab, according to analysis by MJBizDaily, a glaring gap that critics say raises major questions about product labeling and safety. Major marijuana markets still lacking controls for suspicious lab results is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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Los Angeles County seeks to halt online ads for unlicensed cannabis stores
MJBizDaily » New York
by Chris Casacchia
1M ago
Los Angeles County officials approved a motion to push for popular online platforms such as Google and Yelp to stop listing unlicensed cannabis stores. Los Angeles County seeks to halt online ads for unlicensed cannabis stores is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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New York’s cannabis social equity director resigns
MJBizDaily » New York
by Chris Casacchia
1M ago
The leader of New York’s cannabis social equity program has resigned in the latest shake-up in the state's marijuana regulatory agency. New York’s cannabis social equity director resigns is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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Marijuana retailer MedMen sued in New York for unpaid rent
MJBizDaily » New York
by Chris Casacchia
1M ago
A New York subsidiary of bankrupted MedMen Enterprises is facing a lawsuit for failing to pay rent in the latest allegation against the company. Marijuana retailer MedMen sued in New York for unpaid rent is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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NY marijuana sales could pass $1 billion in 2024 after rocky start
MJBizDaily » New York
by Chris Roberts
1M ago
With an estimated 200 retailers ready to open for business by the end of September, New York could finish 2024 with more than $1 billion in marijuana sales. NY marijuana sales could pass $1 billion in 2024 after rocky start is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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