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https://www.bloomberg.com/news/articles/2023-10-30/new-york-lawmaker-says-illicit-cannabis-is-a-public-health-issue
Submission: On October 30 via manual from US — Scanned from US
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Photographer: Andre Malerba/Bloomberg FacebookTwitterLinkedInEmailLink GiftGift this article Have a confidential tip for our reporters? Get in Touch Before it’s here, it’s on the Bloomberg Terminal Bloomberg Terminal LEARN MORE FacebookTwitterLinkedInEmailLink Gift By Tiffany Kary October 30, 2023 at 10:01 AM HST BookmarkSave New York’s illicit marijuana market has become a public health threat, state Senator Brad Hoylman-Sigal said at a public hearing, citing sales to minors and shootings outside dispensaries. “This is a public health issue, particularly for young people. Does it not deserve a more expedited process for addressing the illegal shops?” Hoylman-Sigal said during a joint hearing of the New York State Senate. The criticism adds to the pressure that’s built up on New York’s Office of Cannabis Management. The state’s nascent cannabis market, as well as its regulator, have been criticized as unlicensed vendors undercut the handful of licensed stores. Such shops have been slow to open due to a licensing effort that has sought to distribute social equity to communities that have been disproportionately harmed by the war on drugs. Sign up for The Readout newsletter. Sign up for The Readout newsletter. Sign up for The Readout newsletter. Get essential insight from Allegra Stratton and Bloomberg's top reporters on stories that matter for the UK. Get essential insight from Allegra Stratton and Bloomberg's top reporters on stories that matter for the UK. Get essential insight from Allegra Stratton and Bloomberg's top reporters on stories that matter for the UK. * Bloomberg may send me offers and promotions. Plus Signed UpPlus Sign UpPlus Sign Up By submitting my information, I agree to the Privacy Policy and Terms of Service. In response, Chris Alexander, executive director of New York’s Office of Cannabis Management, said that sales to minors are a felony, adding the regulator is planning to hire around 100 more staff to its current roster of 150 to deal with the illicit shops. He estimated that around $50 million worth of illicit cannabis has been seized from inspections of around 300 shops. More legal shops need to be opened to stop the illicit shops and the unregulated, untested marijuana that they sell, he said. Another problem that surfaced at the hearing are the roughly 30,000 pounds of unsold raw marijuana. The high potency levels of some of the marijuana products sold in stores, and whether there is enough warning to consumers about the potential effects of high THC levels, was also discussed. Lawmakers also complained about illegal stores’ ability to rapidly reopen after being shut down. The state regulator recently said it’s stepping up enforcement of $20,000-per-day fines on unlicensed stores. New York represents one of the biggest cannabis markets in the US, so its struggles are being closely watched by the industry. See Also: New York Pot Regulator Seeks 1,500 New Licenses to Sell Surplus Daniel Haughney, director of investigations at the cannabis regulator, said that recent shootings speak to safety concerns the regulator needs to address when it goes into inspect a location that may be selling illegal marijuana. LinkCopy Link Follow all new stories by Tiffany Kary Plus FollowingPlus Get AlertsPlus Get Alerts Twitter FacebookTwitterLinkedInEmailLink Gift BookmarkSave Have a confidential tip for our reporters? Get in Touch Before it’s here, it’s on the Bloomberg Terminal Bloomberg Terminal LEARN MORE Terms of ServiceDo Not Sell or Share My Personal InformationTrademarksPrivacy Policy©2023 Bloomberg L.P. All Rights Reserved. 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