Business of Cannabis Report: Illicit sellers in New York are selling regulated products from out-of-state

This short report, could, we imagine, cause headaches for the producers of the branded products mentioned. If not in NY then in the state that the products are originating from?

Manhattan’s Empire Cannabis Club is selling products by brands like AbsoluteXtracts, Jeeter, Stiizy and Kiva—all of which are regulated companies in legal states like California and Colorado, but can’t legally import products into the state, writes Forbes.

While the makers of those products say they don’t know how they wound up in New York, it’s a way for those brands to be marketed to consumers in the state ahead of adult-use sales and pre-federal legalization.

Empire’s founder Jonathan Elfand also won’t share how the store acquired regulated cannabis products. “Hey, magic happens,” he said.

 

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