New York regulators have suspended the sale of several popular cannabis brands in the state pending an investigation into possible illegal “inversion.”
The state Office of Cannabis Management (OCM) on April 23 quarantined about $10 million worth of vaporizers, pre-rolls and other products sold by local brands as well as national operators mfused and Stiiizy, according to The New York Times.
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The situation is the latest example of regulators investigating licensed marijuana businesses for potential use of the inversion practice – entering cannabis grown outside the state into regulated retail channels.
The quarantine order – which remained in effect as of Monday, an OCM spokesperson told MJBizDaily – also applied to products from local brands Animal, Bodega Boyz, Muha Meds, Smoke and To
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