Category: New York

Recreational Cannabis in New York Could Be a $3 Billion Market

Back in 2016, market research experts predicted that the legal cannabis industry would earn over $21 billion by 2020. Looking back on that prediction after all of the lucrative advancements made by legal marijuana businesses and entrepreneurs since then, that figure seems fairly conservative at this point. CNBC recently highlighted that sentiment in a story about the predictions made by the New York City comptroller. The comptroller, Scott Stringer, said that legal cannabis in the empire state could be over a $3 billion dollar market, right from the start. “This is a new revenue stream,” Stringer said on the...

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Curaleaf’s Dispensary Is First to Open Following Expansion Of State Program NEWBURGH, NY (APRIL 04) — Curaleaf New York today announced the opening of its new medical marijuana dispensary in Newburgh, which is the first to open following the New York State Department of Health’s expansion of its medical marijuana program. The dispensary is located at 8 North Plank Road, which is a convenient five-minute drive from the intersection of I-87 and I-84. Curaleaf’s dispensary is currently the only site in Orange County for medical-grade cannabis, and it will serve patients in Dutchess, Westchester, Putnam, Rockland, Sullivan and Ulster counties and...

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