Recommended content

Millions in fines unpaid by New York’s unlicensed cannabis retailers

The vast majority of fines levied against unlicensed cannabis retailers in New York have not been paid, underscoring the ongoing enforcement challenges in the struggling market.

Despite issuing fines in excess of $25 million, the Office of Cannabis Management (OCM) and Department of Taxation and Finance have collected only $22,500 from unlicensed stores, The City news outlet reported.

ADVERTISEMENT

That development comes on the heels of an October MJBizDaily report that most crackdown efforts by New York regulators and law enforcement agencies related to illegal marijuana sales had not been resolved.

At the time, according to The City, New York regulators halted administrative hearings where judges could levy fines and other penalties against those selling illicit marijuana products.

Under laws adopted last year,

Read full article on Marijuana Business Daily

Follow us on Instagram or join us on facebook page

Be first to rate

Marijuana Business Daily
Source

More news