thomas Posted September 14, 2023 Author Report Share Posted September 14, 2023 afaik licensed farmers processed a lot cannabis distillate they need to sell. How much actual flower is left in stock I don't know. As I recall the tribes have stated they can quickly place first orders totalling around $10 million. To be determined if NY State is on the hook for any of the unsold cannabis in stock. Quote Link to comment Share on other sites More sharing options...
thomas Posted September 20, 2023 Author Report Share Posted September 20, 2023 NY’s testing failures expose legal weed consumers to unsafe cannabis; a ‘serious health threat’ https://www.syracuse.com/marijuana/2023/09/nys-testing-failures-expose-legal-weed-consumers-to-unsafe-cannabis-a-serious-health-threat.html A PSA for consumers: you are entitled to see a Certificate of Analysis. Understanding these lab reports, on the other hand, can get complicated. Budtenders *should* be able to walk you through the process, but there are also tons of resources available ... https://x.com/bradracino/status/1704500458411237802?s=20 https://cannabis.ny.gov/system/files/documents/2023/04/ocm_howtoreadcoa_final.pdf Quote Link to comment Share on other sites More sharing options...
relic Posted September 25, 2023 Report Share Posted September 25, 2023 On 9/14/2023 at 2:54 PM, thomas said: afaik licensed farmers processed a lot cannabis distillate they need to sell. How much actual flower is left in stock I don't know. As I recall the tribes have stated they can quickly place first orders totalling around $10 million. To be determined if NY State is on the hook for any of the unsold cannabis in stock. afaik......licensed farmers can not make distillate in this state. You need to be a licensed processor in NY to make cannabis byproducts. Beyond that, marijuana's THC starts breaking down into CBN as soon as it's picked. CBN is not psychoactive and does not contribute to the high. So in the event that NY farmers are actually making distillate (illegal in NY) it's still bunk that will get pawned off on the NYS consumer. It may be a weed product but it is a degraded product and it's potency declines daily. Seriously, this is a huge ripoff if this old weed is sent to the marketplace. Quote Link to comment Share on other sites More sharing options...
thomas Posted September 26, 2023 Author Report Share Posted September 26, 2023 The open cannabis application period began on October 4th, 2023 and will remain open until December 18th, 2023. View the FAQ and related docs (45+ pages) to learn how to apply :https://cannabis.ny.gov/ The two-month application period will close at 5 p.m. Dec. 18. https://wnbf.com/ixp/497/p/application-period-open-for-cannabis-licenses/?utm_source=tsmclip&utm_medium=referral BioTrack – the seed-to-sale tracking system New York cannabis businesses must use by Nov. 1. California uses a tracking system and products from legal companies in that state are currently flooding the New York market. To date NY has confiscated 8,500 lbs of illicit cannabis, per Gov Hochul. https://www.syracuse.com/marijuana/2023/09/new-yorks-licensed-cannabis-operators-turning-toward-illegal-market-to-make-ends-meet.html Quote Link to comment Share on other sites More sharing options...
thomas Posted November 18, 2023 Author Report Share Posted November 18, 2023 UPDATE : All adult-use license applications must be submitted by 5:00 PM EST on Monday, December 18, 2023. ~ afaik Buffalo, Rochester, and Syracuse have been inundated with paperwork from people seeking permits from municipalities. U.S. Senator Kirsten Gillibrand is calling on the Drug Enforcement Agency (DEA) to reschedule marijuana from a Schedule I to a Schedule III substance. https://goldrushcam.com/sierrasuntimes/index.php/news/local-news/51558-u-s-senator-kirsten-gillibrand-calls-on-drug-enforcement-agency-to-reschedule-marijuana-to-a-schedule-iii-substance The latest numbers are in, and New York state has officially exceeded $100 million in total recreational marijuana sales. Only 27 dispensaries have opened statewide since it was legalized, but over 50 showcases are currently in operation, allowing growers to gather in one place and set up tables. The Cannabis Control Board says sales are now consistently topping $4.5 million per week. https://bronx.news12.com/new-york-surpasses-100-million-in-recreational-marijuana-sales Quote Link to comment Share on other sites More sharing options...
thomas Posted December 6, 2023 Author Report Share Posted December 6, 2023 ALBANY — The state Office of Cannabis Management’s executive director is hosting a virtual town hall with retail license holders on Wednesday afternoon 12/6 to outline “what’s next” after New York recently settled two lawsuits that had hindered the embattled rollout of the industry. The online event is scheduled to begin at 4:20 p.m. with Chris Alexander answering questions that have been presubmitted by members of the public. Those questions can be submmitted here. The town hall will be streamed on Twitter, YouTube and LinkedIn through the office’s social media account: @nys_cannabis. https://www.timesunion.com/state/article/virtual-town-hall-today-tell-cannabis-licensees-18536665.php Quote Link to comment Share on other sites More sharing options...
DanCooper Posted December 6, 2023 Report Share Posted December 6, 2023 Researchers estimate 30% of cases of schizophrenia among men aged 21-30 COULD HAVE BEEN PREVENTED if they weren’t potheads. Funny that. https://www.nih.gov/news-events/news-releases/young-men-highest-risk-schizophrenia-linked-cannabis-use-disorder Quote Link to comment Share on other sites More sharing options...
thomas Posted December 7, 2023 Author Report Share Posted December 7, 2023 Legal cannabis is tested, regulated so it's not adulterated by chemicals. Unregulated black market mj is laced with chemicals providing one with a potently dangerous, even deadly, buzz. "Sierra Leone, Guinea, and Liberia are grappling with an increasing number of young people becoming addicted to a substance known as kush or K2." "The illegal synthetic drug known as kush is not to be mistaken with the synonymous marijuana strain. Manufactured and distributed by criminal gangs, they are an amalgamation of the various chemicals and plants that mimic the natural (cannabinoid) THC found in cannabis." https://www.france24.com/en/live-news/20230721-synthetic-drug-kush-ravages-sierra-leone-s-young Quote Link to comment Share on other sites More sharing options...
thomas Posted December 9, 2023 Author Report Share Posted December 9, 2023 New York marijuana regulators on Friday gave the formal thumbs up to six of the state’s 10 licensed medical marijuana companies – most of which are large multistate operators (ROs) – to begin adult-use cannabis sales on Dec. 29, precisely one year after recreational sales were launched in the Empire State. R.O.’s (Retail Operators) will be required to reserve 50% of their shelf space for cannabis brands that are not owned by any of the R.O.’s, thus ensuring a measure of product diversity. That policy also addresses fears expressed by smaller operators. The half dozen that got the green light from the state Cannabis Control Board include: Columbia Care NY LLC (NEO: CCHW) (OTCQX: CCHWF) Curaleaf NY LLC (CSE: CURA) (OTCQX: CURLF) Etain LLC, which is owned by Riv Capital (CSE: RIV) (OTC: CNPOF) NYCANNA LLC, which is owned by Acreage Holdings Inc. (CSE: ACRG.A.U) (OTCQX: ACRHF) PharmaCann of New York LLC Valley Agriceuticals LLC, which is owned by Cresco Labs (CSE: CL) (OTCQX: CRLBF) “As New York works to turn the tide in shutting down the illicit market, the most effective tool to do so is with a robust legal market where New Yorkers can securely purchase safe, tested, and well-regulated cannabis products, and that is what this ratified agreement ensures,” Curaleaf CEO Matt Darin said in a statement. https://www.greenmarketreport.com/new-york-regulators-greenlight-rec-market-entrance-of-six-medical-cannabis-behemoths/ Quote Link to comment Share on other sites More sharing options...
thomas Posted December 13, 2023 Author Report Share Posted December 13, 2023 Politicians, farmers, retailers decry decision to end Cannabis Growers Showcase Since its inception in late summer, the CGS program has generated more than $4 million in sales. With an estimated 240,000-pound surplus of weed grown by cannabis cultivators over the past two years and only 32 licensed dispensaries, statewide, capable of selling that product, the CGS events have proven to be a lifeline for some farmers. “I am not happy with the decision to end the Cannabis Growers Showcases, given the enormous surplus of product our cannabis farmers still have available,” Lupardo said. “We’re setting up some meetings. First, we want to know why they are ending … and at the very least, we want to see special event permits issued.” For her part, State Sen. Michelle Hinchey said, “I fully support an extension of Cannabis Growers Showcases, and alongside Assemblywoman Donna Lupardo, we are looking at all avenues through which extensions, alternatives, and short-term permits could be utilized.” https://www.syracuse.com/marijuana/2023/12/politicians-farmers-retailers-decry-decision-to-end-cannabis-growers-showcase.html Quote Link to comment Share on other sites More sharing options...
ginger Posted December 14, 2023 Report Share Posted December 14, 2023 I'm surprised by how many people on twitter post photos of their perfect little pot plants and set ups. They'd probably make more money doing tomatos. Quote Link to comment Share on other sites More sharing options...
thomas Posted December 20, 2023 Author Report Share Posted December 20, 2023 New York cannabis regulators took in about 7,000 business license applications for marijuana companies during its latest submission window, which closed on Monday. In this round, regulators will issue a maximum of 1,445 permits for retailers, microbusinesses, growers, processors, and distributors. That’s in addition to the 463 conditional adult use retail dispensary (CAURD) permits previously awarded, 279 conditional cultivators and 40 processors already licensed, and the 10 medical “registered organizations” that just began getting approval to join the recreational market. The state had 38 operational legal marijuana shops as of Dec. 19. https://www.greenmarketreport.com/about-7000-adult-use-cannabis-applications-estimated-in-new-york/ Quote Link to comment Share on other sites More sharing options...
thomas Posted January 6 Author Report Share Posted January 6 Just Breathe founder, Upstate New York’s first legal marijuana dispensary, is taking over an advocacy group that lobbies on behalf of the state’s cannabis industry. Damien Cornwell is now President-Elect of the Cannabis Association of New York, or CANY, which was first established to represent hemp farmers and CBD producers in the state. Cornwell says that while opening up retail licenses to larger businesses will create more competition, the biggest threat to his membership are the illegal pot shops and delivery services. He says the illicit market must be reined in and bad actors held accountable. “Unfortunately, those lines were not drawn and adhered to in the very beginning of the market," he said. https://www.msn.com/en-us/foodanddrink/foodnews/just-breathe-founder-leads-new-york-cannabis-group/ar-AA1mwDf3?ocid=hpmsn&cvid=56141085c790451a931318fac820294c&ei=21 New York Gov. Kathy Hochul on Tuesday, 1/16/24, proposed the state repeal its THC potency-based tax structure for legal cannabis CANY has long called for state officials to change course on New York’s potency tax and impose an excise tax instead. “Of course we will continue to advocate for a lower tax rate, however we believe that is a good start to a final solution,” CANY President Damien Cornwell said. https://www.syracuse.com/marijuana/2024/01/will-repealing-the-potency-tax-help-new-yorks-struggling-cannabis-businesses.html Quote Link to comment Share on other sites More sharing options...
thomas Posted February 26 Author Report Share Posted February 26 New York cannabis business will need to implement costly seed-to-sale tracking system in two months The process of setting up and implementing such a system is expensive and time consuming. Under the system, cannabis business licensees at all levels – from cultivation to retail – will have to input data about the products they’re growing, buying and selling, which all goes into a unified data tracking system. It will probably cost around $20,000 per year to remain compliant with the tracking system. Much of the data required is redundant for processors, because they are required to pass Good Manufacturing Practice (GMP) audits, which require a lot of the same information as the seed-to-sale system. https://www.newyorkupstate.com/marijuana/2024/02/new-york-cannabis-business-will-need-to-implement-costly-seed-to-sale-tracking-system-in-two-months.html Quote Link to comment Share on other sites More sharing options...
ginger Posted February 26 Report Share Posted February 26 Wow, is it true you can grow 5lbs for yourself? I thought I read Kathy Hochul mention something along those lines. In the meantime, car accidents all over the place, people weaving and swerving their vehicles. Must be stoned out of their minds. I also saw in Rochester a senior in a nursing home died from a prescribed thc gummy. Went unresponsive, died at the hospital. Quote Link to comment Share on other sites More sharing options...
ginger Posted February 27 Report Share Posted February 27 7 hours ago, ginger said: Wow, is it true you can grow 5lbs for yourself? I thought I read Kathy Hochul mention something along those lines. In the meantime, car accidents all over the place, people weaving and swerving their vehicles. Must be stoned out of their minds. I also saw in Rochester a senior in a nursing home died from a prescribed thc gummy. Went unresponsive, died at the hospital. What the heck, another crash on Main Street? Are these people totaling their own vehicles to collect the insurance money? Are they stoned, texting? It's freaking MONDAY! Quote Link to comment Share on other sites More sharing options...
thomas Posted March 4 Author Report Share Posted March 4 New York’s cannabis regulators have collected only $22.5K of the $22M in fines issued to unlicensed stores. https://thefreshtoast.com/cannabis/ny-begs-tech-companies-to-solve-their-weed-problem/ Quote Link to comment Share on other sites More sharing options...
ginger Posted March 6 Report Share Posted March 6 On 3/4/2024 at 1:56 PM, thomas said: New York’s cannabis regulators have collected only $22.5K of the $22M in fines issued to unlicensed stores. https://thefreshtoast.com/cannabis/ny-begs-tech-companies-to-solve-their-weed-problem/ And yet, I read about the owner of a corner store in NYC who was fined thousands of dollars for charging cigars $.11 cents too little. Apparently in NYC, the cheapest you can sell a cigar is $8.50. No menthol cigarettes or cigars but feel free to grow POUNDS OF POT! Quote Link to comment Share on other sites More sharing options...
thomas Posted March 12 Author Report Share Posted March 12 3/12/24... Industry stakeholders are alleging New York’s Office of Cannabis Management – the agency charged with overseeing the state’s legal marijuana market – is using enforcement powers to retaliate against those who speak out about its part in the flawed rollout of the new marketplace. https://www.syracuse.com/marijuana/2024/03/terrified-to-criticize-accusations-of-hostility-and-retaliation-surface-against-nys-office-of-cannabis-management.html 3/15/24... Person at center of NY Office of Cannabis Management enforcement sues state agency... https://www.syracuse.com/marijuana/2024/03/person-at-center-of-ny-office-of-cannabis-management-enforcement-sues-state-agency.html 3/18/24...Top state cannabis official Damian Fagon put on administrative leave following NY Cannabis Insider investigation https://www.syracuse.com/marijuana/2024/03/top-state-cannabis-official-damian-fagon-put-on-administrative-leave-following-ny-cannabis-insider-investigation.html Quote Link to comment Share on other sites More sharing options...
thomas Posted March 27 Author Report Share Posted March 27 Quote Link to comment Share on other sites More sharing options...
thomas Posted April 2 Author Report Share Posted April 2 ACE Venture Enterprises, Inc. Announces Planned Acquisition of Vireo Health of New York from Goodness Growth Holdings – Ace plans to retain Goodness Growth (Vireo Health NY) with a collaborative advisory agreement to advance the long-term success of both organizations - Goodness Growth and Ace anticipate regulatory approval for the transfer of the New York licenses, as well as closing of the VireoNY transaction, to occur by June 30, 2024. Vireo Health has a medical dispensary in Johnson City, NY https://vireohealth.com/ace-venture-enterprises-inc-announces-planned-acquisition-of-vireo-health-of-new-york-from-goodness-growth-holdings?_ga=2.261860554.65694513.1712020885-1946443044.1682482595 Quote Link to comment Share on other sites More sharing options...
thomas Posted April 4 Author Report Share Posted April 4 UPDATE: Judge Kevin Bryant wrote a decision on Wednesday that invalidated the Office of Cannabis Management’s entire slate of adult-use regulations, but amended his decision on Thursday to void only the rules banning third-party advertising. https://www.syracuse.com/marijuana/2024/04/judge-walks-back-order-invalidating-all-of-new-yorks-cannabis-regulations.html Quote Link to comment Share on other sites More sharing options...
thomas Posted April 19 Author Report Share Posted April 19 Hochul, Adams vow major crackdown on illicit NYC cannabis shops Said Hochul, “I’m using the power of the state budget to give us the tools we need at the state and local level to shutter these illegal shops once and for all.” © Susan Watts/Office of the Governor https://www.msn.com/en-us/news/us/hochul-adams-vow-major-crackdown-on-illicit-nyc-cannabis-shops-insanity-stops-right-now/ar-AA1nk9gl?ocid=hpmsn&cvid=7e5f88ceba7e42a7877f292e5b29055b&ei=12 Quote Link to comment Share on other sites More sharing options...
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