New Partnership Targets Unlicensed Cannabis Shops In New York, Here's How
Portfolio Pulse from Jelena Martinovic
Leafly (NASDAQ:LFLY) has partnered with the New York Cannabis Retail Association to support the legal cannabis market in New York. The partnership aims to promote legal cannabis through industry events and marketing initiatives, addressing the challenges posed by unlicensed cannabis shops.
September 12, 2024 | 3:34 pm
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POSITIVE IMPACT
Leafly's partnership with NYCRA aims to strengthen New York's legal cannabis market by promoting legal cannabis and addressing unlicensed competition. This could enhance Leafly's market position and brand recognition in New York.
The partnership with NYCRA positions Leafly as a key player in supporting the legal cannabis market in New York. By addressing the issue of unlicensed shops, Leafly could improve its market presence and brand recognition, potentially leading to increased business opportunities and customer trust.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90