Category Archives: New York Medical Cannabis Business & Marijuana Legal News

Gov says it’s still possible for New York to legalize adult-use marijuana by April

New York Gov. Andrew Cuomo said he remains confident the Legislature can vote to legalize recreational cannabis as part of the state budget, which is due April 1. The optimistic comments came after Assembly Speaker Carl Heastie, a Democrat, questioned whether lawmakers would have enough time to resolve thorny questions surrounding legalization while also working […]

California marijuana company plans $200 million campus in New York

Ahead of New York’s anticipated legalization of recreational cannabis, San Diego-based Flora California Prime is laying the groundwork to build a $200 million, 1.25 million-square-foot cannabis cultivation, manufacturing and distribution facility on 47 acres of land in Buffalo. According to Buffalo TV station WKBW, construction on the facility could begin once state lawmakers approve legislation […]

Week in Review: NY gov wants adult use, PA/NJ boost medical marijuana business opportunities & Ohio regulators get a bailout

New York’s governor wants the state to legalize recreational cannabis ASAP, Pennsylvania and New Jersey take steps to boost medical marijuana business opportunities, and Ohio MMJ regulators get a $2.1 million bailout. Here’s a closer look at some notable developments in the marijuana industry this week. NY and the “adult-use revolution”  New York Gov. Andrew […]

Former Canadian PM Mulroney to join US cannabis company Acreage

Former Canadian Prime Minister Brian Mulroney plans to join the board of New York-based Acreage Holdings, becoming the latest political heavyweight affiliated with the multistate marijuana company. Mulroney – prime minister from 1984 to 1993 – will join a board stacked with political and corporate veterans, including: former U.S. House Speaker John Boehner; former Massachusetts […]

Chart: Stage is set for more growth in New York’s rapidly expanding medical marijuana market

New York’s medical marijuana program is adding patients at a speedy clip, and the recent approval of MMJ as an alternative to opioids has the potential to give sales in the state a substantial boost. Over the past 12 months, nearly 37,000 patients were added to New York’s MMJ program, a 128% increase. The gains […]

New York group chosen to draft bill that would regulate recreational marijuana market

New York Gov. Andrew Cuomo appointed a task force to draft recreational marijuana legislation which, if eventually enacted, would position the state to have potentially one of the largest adult-use cannabis markets in the country. A 20-member group consisting of New York state government and law enforcement officials, advocates and academics has been appointed to draft […]

How Trump’s trade war is affecting the marijuana industry

The Trump administration’s trade war with China is expected to have a direct impact on several sectors of the marijuana industry – in particular, cannabis vaporizer companies. Others likely to be affected include: Cultivation operations that want to expand their greenhouse facilities. Growers that need to buy lighting equipment. Brands that purchase packaging from China. […]