In recent years, large, multi-state companies involved have spent millions on acquiring medical marijuana licenses under the assumption that they would be well-positioned to enter New York's broader market once it opened.
in September over the CAURD program’s residency requirements, which the lawsuit alleged violated the “dormant commerce clause” of the U.S. Constitution by discriminating against out-of-state applicants. A judge granted an injunction in that case that has so far prevented the state from issuing CAURD licenses in certain regions where that company wanted to operate, including Brooklyn.
Boris Jordan, founder and executive chairman of Curaleaf, a large, multi-state company with a medical license in New York,“Literally, the New York authorities are almost promoting illegal cannabis and lowering testing standards for adult-use over medical, and allowing products that should never be sold in stores to be sold just so they can keep [multi-state operators] out of the market,” JordanThe lawsuit could force the state to open the legal cannabis market up before those in the social...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Dallas is clearly the star’: Big D wins top sports business city over New YorkDallas stole the top spot on the first annual ranking of the best cities for sports business by the Sports Business Journal thanks to the city’s magnetism for...
Read more »
New New York rent-control bill would drive out small landlords, help developersThe erroneously named Good Cause Eviction Bill, now in the New York Legislature, would impose rent controls on market-rate buildings in the five boroughs — and crush many small, immigrant and minor…
Read more »
PHOTOS: A look at the Disney Dreamers Academy through the years - New York Amsterdam NewsSince 2008, the Disney Dreamers Academy has inspired more than 1,300 students from across the country by fueling their dreams. In the years following, graduates have gone on to become doctors, nurses, engineers, pilots, journalists and more.
Read more »
Big crowd, big day for Bedard and the Pats in upset win over BladesConnor Bedard scored his 70th goal of the season and added an assist as the Pats upset the Blades 4-2 before a sold-out SaskTel Centre, capped at 14,768 fans.
Read more »