New York Legal Cannabis Sales Poised To Reach $1B, Following Crackdown On Illicit Retailers
New York’s legal cannabis market is rapidly gaining momentum, with state officials predicting it could reach $1 billion in sales in its second full year of adult-use cannabis sales. According to Debra Brochard, for Green Market Report, John Kagia, director of policy for the New York Office of Cannabis Management (OCM), shared this optimistic outlook at both the National Cannabis Industry Association’s New York Stakeholder event and the Cannabis Insider Conference in Albany this week.
Sales Climb With Expanding Retail Footprint
Kagia announced that New York has logged …