As the propeller Turns In New York State. TLRY Brands sits idly by waiting for re/de scheduling, sipping on some of the best Craft Beer in the State. Revenue coming in, no drama in the Craft Beer, Federally Regulated market. With infrastructure, distribution throughout the US of A.
Montauk Brewing&beloved brews are now available across 3,500 retail locations and several of NYC & major venues including Citi Field, Madison Square Garden, Moynihan Train Hall, and UBS Arena. Montauk Brewing& distributors in the U.S. include Shore Point Distributing Company, Inc., Kramer Beverage Company, Oak Beverages Inc., Lake Beverage Corporation, Saratoga Eagle, Eagle Beverage Company, Try-It Distributing, A.L. George, McCraith Beverages, Dutchess Beer Distributors, Northeast Beverage, Boening Brothers, SKI Distributing, Kohler Distributing, F&F Distributors, Inc., and C&C Distributors RI.
Mean while MSO& New York Sate are struggling, burning cash, minimal sales with the illicit market.
New York lawmakers passed legislation legalizing recreational pot nearly three years ago, but the rollout of regulated sales has been plagued by lawsuits and other delays. More than a year after the first licensed recreational pot shop opened in December 2022, only 70 retailers selling adult-use cannabis have been licensed statewide. The figure includes Conditional Adult-Use Retail Dispensary (CAURD) storefronts and CAURD delivery-only services, licenses that were reserved for applicants with past cannabis convictions, as well as previously existing medical marijuana dispensaries that have been co-licensed to sell recreational weed.
In the meantime, the shortage of licensed retailers coupled with the end of criminal penalties for cannabis possession has led to an explosion of unlicensed pot shops, particularly in New York City. An estimated 36,000 unlicensed retailers have opened statewide, according to a recent report, including approximately 1,500 in the Big Apple alone. Critics of New York’s regulated cannabis rollout say the situation threatens the viability of the legal industry.
And, TLRY TLRY Brands has problems in Germany with saturation according to the Short Distort Fan Club. hahaha Comical.