Categories: aggregated

Can You Solve the Illicit Cannabis Market Problem by Throwing Money at It? New York Bets $16 Million It Can Fix the Unsolvable!

According to the Buffalo News, the budget bill in New York has earmarked $16 million to tackle unlicensed cannabis dispensaries. Governor Kathy Hochul (D) signed the legislation, which raises fines for unlawful operators from $500 to a maximum of $7,500 for initial offences. The bill also increases monetary penalties to triple the taxes that could have been generated from the sales.

Jason

Share
Published by
Jason

Recent Posts

Experience CannaLand, the one-of-a-kind celebration presented by Deep Stories

Get ready for Deep Stories’ CannaLand! Arizona’s premier one-day cannabis festival begins 11 a.m. on…

23 hours ago

Why Quitting Alcohol or Weed Won’t Heal the Pain That Caused You to Start Using Them in the First Place

They sit in circles, eyes gleaming with hope as they declare, "If I could only…

3 days ago

The Cannabis Rescheduling Ruse – White House Says No Action Planned on Cannabis Reform, Hate to Say I Told You So!

In a move that surprised absolutely no one who's been paying attention, the White House…

3 days ago

Former New York Knick Iman Shumpert debuts legal cannabis brand with Glenmere Farms

The NBA champion and New York Knick will premier his new flower brand at Torches…

5 days ago

How New York pot pioneers made it to legal dispensary shelves

By: LMC Legacy to licensed is the motto for authentic New York brands entering the…

5 days ago

Vladimir Bautista is leading Happy Munkey’s legacy-to-legal takeover

Vlad Bautista began his cannabis empire in Harlem's Sugar Hill. Nearly 30 years later, his…

5 days ago