New York’s recreational marijuana dispensaries have now sold more than $4 billion worth of legal cannabis products, state officials have announced.
The Office of Cannabis Management (OCM) revealed the sales totals at a Cannabis Control Board (CCB) meeting on Thursday.
The $4.1 billion worth of adult-use marijuana products since sales began in late 2022 includes almost $1.5 billion so far in 2026 alone.
Third quarter sales reached $512.6 million, bringing the total for this year to date to $1.41 billion.
The OCM update also noted that a significant share of the state’s legal cannabis market is comprised of social and economic equity businesses, and that almost two-thirds (64 percent) of new licenses issued at Thursday’s meeting meet that designation.
CCB this week also approved a new cannabis nursery license application window and extended the provisional license period for equity and provisional marijuana business licenses.
“Today’s actions are about opening doors, helping businesses move forward, and protecting the integrity of New York’s cannabis market,” Jessica García, chair of the CCB, said in a press release.
According to OCM, the state currently has 1,981 licensed adult-use marijuana businesses, including:
280 cultivators 241 distributors 329 microbusinesses 582 processors 548 retail dispensaries 370
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