New York is on the brink of a significant transformation in its legal cannabis market, with the introduction of Microbusiness licenses, marking a new era for local growers. The first batch of these licenses is set to be awarded tomorrow, spotlighting the state's move towards embracing high-quality cannabis production. Damian Fagon, chief equity officer at the Office of Cannabis Management, highlighted the potential of cannabis sales in iconic locations such as Madison Square Garden on the 'I Smoke NY' podcast. This development is part of a broader strategy to regulate the market, as highlighted by the efforts of the New York State Office of Cannabis Management, led by Chris Alexander. He discusses the challenge of illegal weed stores and the strategic decision that police aren't more involved in enforcement, aiming to shut them down and increase the number of licensed dispensaries. This initiative is seen as a step towards a more regulated and safe cannabis market.
'Don't Forget Us': 1st New York Cannabis Licensees Ask OCM For Help Opening Shop https://t.co/zQ4GYneE3V
.@realaxelfoley spoke with Chris Alexander, the executive director of the Office of Cannabis Management, about the difficulty of closing illegal shops, why he’s glad police aren’t more involved in enforcement, and what’s around the corner for legal weed. https://t.co/o7vOauyVXt https://t.co/4ZAZGC03Ac
Chris Alexander, executive director of the New York State Office of Cannabis Management, explains why there are still so many illegal weed stores in New York, and discusses plans to close them while opening more licensed dispensaries. https://t.co/JQBoBo4rnN
“This is a new frontier. They’re going to be selling weed at Madison Square Garden eventually,” Damian Fagon, chief equity officer at the Office of Cannabis Management, said on the “I Smoke NY” podcast last month. https://t.co/Bgx5gHVPrd via @nypmetro @ccampy
We are FINALLY! at the point where New York growers who produce high-quality flower are getting licensed, and that stands to fundamentally change the New York legal cannabis market. That starts with the Microbusiness license. The first ones will be awarded tomorrow.