Next Thursday, 6 November 2025, Business of Cannabis: New York returns to The Wythe Hotel, Williamsburg, uniting more than 300 leaders from across the cannabis ecosystem for a day of strategic dialogue, networking, and market insight.
The New York cannabis testing lab at the center of the state’s biggest product recall exited the industry amid an ongoing state audit that had temporarily shut it down, according to records obtained by MJBizDaily.
New York State’s cannabis industry is facing renewed turmoil as budget changes, industry backlash, and a major product investigation converge to test the resilience of the troubled legal cannabis market.
New York’s fledgling legal cannabis market is set to undergo significant changes which could not only enable the sale of intoxicating hemp products in dispensaries but also open the door for out-of-state operators.
A further 74 cannabis retail licenses have been granted by New York’s Cannabis Control Board (CCB), despite mounting legal action slowing the licensing progress.
New York’s state governor has sponsored an ambitious new bill seeking to decriminalize the possession of drugs in the state, marking a major progressive shift in policy for a state plagued by illicit cannabis stores.
New York’s adult-use cannabis market continues to be mired in controversy and new legal disputes despite topping $1bn in sales last year.
New York’s legal adult-use cannabis market officially surpassed $1bn in annual sales last year, despite regulators ongoing efforts to tackle the flourishing black market.
New York’s troubled adult-use cannabis program has hit yet another legal roadblock after a state judge barred regulators from processing business applications.
