Medical Marijuana
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New York Pot Sales Hit $83 Million With More Dispensaries Opening
New York State will license five new marijuana dispensaries to open, part of an effort to keep up with growing demand and out-compete illicit sellers, according to the state’s cannabis regulator.
The new stores include locations in New York City’s Astoria, Harlem and the Lower East Side districts that are expected to open this week, a spokesman for the regulator said Tuesday at a public meeting, and will bring the state’s total to 27, the regulator said. Sales from the stores have hit $83 million year-to-date, even with many closed for renovation, according to the agency.
– Read the entire article at Bloomberg News.
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