Oh I Had To Laugh, All That Crowing About A Billion $’s etc Now. …..Green Market Report, ” The nascent legal New York recreational marijuana market – which launched in December 2022 – is on the financial brink,”

Well done Mr Schroyer from Green Market Report and Mr Damien Cornwell (pictured below) President of CANY.

I really thought we’d have to wait till the latter part of 2025 before the House of Cards fell not early March!

Remember all this malarky only a few weeks back ?

I commented thus

https://cannabislaw.report/pride-comes-before-a-fall-new-yorks-obsession-with-cannabis-s-is-not-healthy/

Green Market Report

The Cannabis Association of New York has called on state legislators to develop a program to help with funding.

The nascent legal New York recreational marijuana market – which launched in December 2022 – is on the financial brink, according to the president of one of the state’s larger cannabis trade organizations, who said a lot of license winners have been either flipping their permits or selling equity stakes just to get cash to continue operations.

Read more (paywall)

https://www.greenmarketreport.com/new-york-cannabis-trade-group-chief-sounds-alarm-over-financing-barriers-price-compression/

The NY regulators should take a lesson from these crows