Tag: Northeast
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Pennsylvania’s medical market does not want state run stores
At the recent Pennsylvania Cannabis Convention in Pittsburgh, stakeholders in the existing medical market all fear that the state may legalize adult-use cannabis but pivot to a state store program. They claim this will crush the 25,000 jobs created with the medical program. The state currently hosts numerous MSOs as …
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Connecticut’s social equity cannabis operators want flexibility to sell stakes
At least some of Connecticut’s 38 social equity marijuana licenseholders are pushing state legislators to revise state law to allow them to cash out and walk away from the industry in three years instead of the original seven-year ownership requirement that was written into regulations. Several of the 38 – …
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Report: New York investigating several brands for interstate cannabis trafficking
New York marijuana regulators are reportedly investigating six companies that may have taken part in illegal shipments of cannabis across state lines in violation of both federal and state law, according to The New York Times. The targets of the investigation, according to unnamed sources, include California-based Stiiizy and Turn, …