Citing government “ineptitude” and “intransigence” that’s allowed New York’s adult-use marijuana legalization to stagnate, CEOs from four multistate operators asked the governor to allow them to enter the state’s adult-use market “without delay.”
New York legalized adult-use marijuana in March 2021 but has since struggled to roll out a functioning market, with several lawsuits compounding bureaucratic delays.
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There are fewer than two-dozen regulated cannabis retailers in the state but as many as 2,000 illicit sellers in New York City alone.
Before legalization, the state licensed 10 “registered organizations” (ROs), or vertically integrated medical marijuana companies.
Unlike other states, New York chose to open its market to social equity applicants before the ROs would be allowed to sell adult-use cannabis as well as MMJ.
In an Aug. 31 letter to Gov. Kathy Hochul obtained by the New York Post, four executives from MSOs that also hold RO
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