Medmen New York Then there is little old Medmen in the heart of New York (Times Square)
No new weed shops will be able to open in New York, after a judge blocked cannabis regulators from moving forward with retail licensing on Monday. The order is the latest blow to New York's ambitious effort to ensure that people harmed by marijuana enforcement are able the reap the financial benefits of legalization.Aug 7, 2023
Meanwhile, over the Labor Day weekend, four major medical marijuana retailers in New York sent a letter to Gov. Kathy Hochul urging her to give them licenses to start selling adult-use cannabis while the courts work out the debacle of mounting lawsuits.
Signed by Matt Darin, CEO of Curaleaf Holdings, Inc. (OTCQX: CURLF), Ben Kovler of Green Thumb Industries (OTCQX: GTBIF), Denis Curran, CEO of Acreage Holdings (OTCQX: ACRHF) and Brett Novey, CEO of PharmaCann, the letter was strongly worded. “The state’s ineptitude is endangering New Yorkers who wish to use cannabis safely and legally, while also hurting taxpayers,” the four wrote.
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