New York awards adult-use marijuana licenses to Finger Lakes retailers

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2 years ago

June 16, 2023

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New York regulators granted the first adult-use marijuana retail licenses in the state’s Finger Lakes region.

The state Cannabis Control Board on Thursday announced 36 new licenses statewide, including seven in the Finger Lakes area.

It’s unclear when any of the new licensees will be able to open for business.

To date, the state has issued 251 adult-use retail licenses, the Office of Cannabis Management said in a news release Thursday.

However, only 14 recreational stores have opened for business, most of them in New York City.

Though the legal marijuana industry statewide has been hampered by a slow rollout, the Finger Lakes region – a mostly rural area between Rochester and Syracuse – was entirely off-limits until May 30.

That’s when the state Office of Cannabis Management settled a major lawsuit that prevented permits being issued in the Finger Lakes area.

An out-of-state company

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Colorado cannabis operator’s testing experiment yields damning pesticide, microbial and potency results

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10 hours ago

February 3, 2025

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More than 85% of regulated marijuana products sold in Colorado’s adult-use market might violate health and labeling laws, according to a recent report by one of the state’s cannabis operators.

Frustrated by the apparent reluctance of the Colorado Marijuana Enforcement Division (MED) to test state-regulated cannabis products and punish those found to be breaking the law, Justin Singer, CEO of manufacturer Ripple, asked his staffers to visit Denver-area MJ retailers on Nov. 12 and purchase the flower, shake and pre-rolls brands “they would normally purchase.”

The company then sent unmarked, unadulterated samples – bud, pre-rolls and shake – to a state-regulated cannabis laboratory to have the products tested for potency, yeast and mold, pesticides and microbial contamination.

According to the lab results, only

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Ohio GOP lawmaker’s bill would upend voter-approved adult-use marijuana

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3 days ago

January 31, 2025

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A Republican lawmaker in Ohio has introduced a bill that would raise adult-use marijuana sales taxes, limit home grows and prohibit social equity licenses and job programs.

Senate Bill 56, introduced by Republican Sen. Steve Huffman, would increase the sales tax from 10% to 15% and cap the number of cannabis stores in the state at 350, according to The Columbus Dispatch.

The proposal, which also includes decreasing THC potency caps from 90% to 70% and home-grown plants from 12 to six, is a deviation from the will of voters, who overwhelmingly approved legalizing the cultivation and sale of recreational marijuana in a November 2023 ballot measure.

Leading up to that vote, lawmakers in the state’s Republican-dominated General Assembly vowed to make

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Ohio recreational marijuana market already showing signs of price contraction

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4 days ago

January 30, 2025

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Products in Ohio’s recreational marijuana market are showing signs of price contraction only five months after sales began.

Adult-use sales for the market topped $242.2 million in 2024, meeting industry expectations for the potential of a market that launched on Aug. 6.

And while sales are growing, an analysis of weekly adult-use data from Ohio’s Division of Cannabis Control (DCC) shows the price per item/pound in almost all the categories slid with more than half the products experiencing double-digit declines.

Plant material, which accounts for 52% of recreational sales in Ohio, almost doubled since the market opened.

Ohio consumers bought 2,158 pounds of plant material in the first week of January 2025, up from 1,284 pounds in the week ending Aug. 10.

But declining

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