New York's legal cannabis industry hit a new high this week — with more than 100 licensed pot shops now open across the Empire State, officials said. Of the 103 marijuana sellers in business, 44 are located in New York City.
Nineteen other licensed weed operators will open shortly and 35 other retail licenses were approved by the state Cannabis Control Board.
"We haven't even tipped the iceberg yet," CCB chairwoman Tremaine Wright said during Thursday's public meeting.
Legal cannabis sales from cannabis shops jumped 32% for the first three months of 2024, to $85 million from $62 million during the last quarter of 2023, reported John Kagan, the state Office of Cannabis Management's policy director.
Read more at nypost.com