Bloomberg Law
June 11, 2024, 7:17 PM UTC

New York’s Legal Marijuana Sales Grow as Enforcement Ramps Up

Tiffany Kary
Tiffany Kary
Bloomberg News

New York State’s sales of legal cannabis this year will pass the $200 million mark in early June as enforcement of illegal stores ramps up, according to the state’s Office of Cannabis Management.

Retail sales of $196.5 million year-to-date have surpassed the $160 million sold in all of 2023, a presentation on Tuesday showed. John Kagia, the senior director of policy at the agency, said that part of the growth comes from more success in closing down illegal stores. Efforts to padlock more locations, as well as educate consumers about the difference between the licensed and unlicensed stores, are ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.