Legal Marijuana Could Reach .2B Yearly Market High In NYC: Study

Legal Marijuana Could Reach $1.2B Yearly Market High In NYC: Study The slower-than-anticipated rollout of legal weed led to 1,500 unlicensed pot sh...

August 26, 2023
10:02 PM

Legal Marijuana Could Reach $1.2B Yearly Market High In NYC: Study The slower-than-anticipated rollout of legal weed led to 1,500 unlicensed pot shops with $484 million of products, the study also found. Reply Florist Farms cannabis products are on display on the first day of legal recreational marijuana sales at the Housing Works Cannabis Co. in New York City on Dec. 29, 2022. (John Angelillo/UPI/Shutterstock) NEW YORK CITY — Legal marijuana could be a $1.2 billion-a-year industry in New York City, but unlicensed pot shops threaten to Bogart that tax windfall, a new study found.

Matt Troutman