Saturday, April 20, 2024

New York

New York State Stalls Major Cannabis Mergers

The three deals include the MedMen Enterprises Inc. (MMNFF) acquisition of Pharmacann, The Green Thumbs Industries (GTI) acquisition of Fiorello Pharmaceuticals and the Cresco Labs Inc.(CRLBF) deal with Valley Agriceuticals.

NY Pretends It Wants Diversity In Cannabis

The New York Medical Cannabis Industry Association (NYMCIA) seems to agree on a more inclusive market, but the actions taken by the state and by the NYMCIA spell a different story altogether.

New York Might Not Legalize Marijuana For Recreational Use In 2019

Governor Andrew Cuomo, who has been pushing to make legal weed part of the state budget, says he is “no longer confident” that is going to transpire before the April 1 deadline.

Weiner Turned Weeder: Former Congressman Ditches Politics For Cannabis

Anthony Weiner was seen around New York meeting with a potential investor for his future marijuana business, though the registered sex offender might run into legal complications.

Why Is New York City Embargoing CBD Products?

If New York regulators really cared about safety, they would follow the lead of states that already have lab testing requirements and make pathways to safe products rather than banning them outright

MedMen Facing Serious Backlash Following Allegations Of Racism

This supposed corruption among the company’s leading executives was deep enough for the New York Cannabis Industry Association to sever ties with the company earlier this week.

How New Yorkers Are Fighting For A More Diverse, Inclusive Legal Weed Scene

With the recent movement New York has experienced in the cannabis space, all eyes are on this massive market and its potential profits, trends, tax generation, and cultural impact.

Michael Bloomberg: Legalizing Marijuana ‘Perhaps Stupidest Thing Anybody Has Ever Done’

Bloomberg’s anti-legalization comments stand in stark contrast to most Democratic presidential candidates who have begun their 2020 campaigns.
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