Cannabis Professionals Discuss Struggles With Illicit Operations In New York
Portfolio Pulse from Nina Zdinjak
New York's marijuana market faces challenges from illicit operators and a lawsuit against the Office of Cannabis Management (OCM) by the Coalition for Access to Regulated and Safe Cannabis (CARSC). The lawsuit involves Acreage Holdings, Curaleaf Holdings, Green Thumb Industries, and PharmaCann. Industry professionals suggest prioritizing equity entrepreneurs and accelerating the issuance of legal retail licenses to address these issues.
June 15, 2023 | 2:49 pm
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Acreage Holdings is involved in a lawsuit against the Office of Cannabis Management, which may impact its operations in New York's marijuana market.
Acreage Holdings is one of the large marijuana companies involved in the lawsuit against the Office of Cannabis Management. This legal issue may negatively impact its operations in New York's marijuana market, potentially affecting its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Curaleaf Holdings is involved in a lawsuit against the Office of Cannabis Management, which may impact its operations in New York's marijuana market.
Curaleaf Holdings is one of the large marijuana companies involved in the lawsuit against the Office of Cannabis Management. This legal issue may negatively impact its operations in New York's marijuana market, potentially affecting its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Green Thumb Industries is involved in a lawsuit against the Office of Cannabis Management, which may impact its operations in New York's marijuana market.
Green Thumb Industries is one of the large marijuana companies involved in the lawsuit against the Office of Cannabis Management. This legal issue may negatively impact its operations in New York's marijuana market, potentially affecting its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80