Not long ago, New York’s legal cannabis market was being hailed as the eventual gold standard. Today, the market is teetering on abject failure, riddled with internal and external forces doing damage.
With projections of $3 billion in annual earnings and a fair and equitable market prioritizing drug war victims, the state seemed on the right track. However, questionable decisions have hindered optimism and market momentum from nearly the start.
One of the more controversial issues in the early days of the market’s rollout was the first wave of cultivation licensing going to existing hemp farmers. In the months after that decision, product
