The Manhattan store opens its doors on Thursday.
, located in lower Manhattan, opened on Thursday in an old Gap store. Instead of just buying it at their beloved bodega spot, thousands of which have been selling marijuana illegally, New Yorkers can now try weed that’s regulated—and taxed at the lofty rate of 13 percent.
New York is joining a rapidly growing list of states that have also legalized marijuana in recent years, like Missouri, Maryland, Colorado, Washington state, Vermont, and Illinois, to name a few. It’s also following a popularized approach to legalize weed by giving people disproportionately impacted by drug laws the first shot at the market.
So far, the state has issued about 36 licenses. Though it’s received about 900 applications, it will only give out up to 175 licenses. But if you’re lucky enough to nab a license, the state has set you up: A $200 million social equity cannabis fund was established to support licensees and that includes access to a storefront.
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.
NY's 1st Legal Cannabis Dispensary Is Set to Open Thursday in Manhattan: What to KnowThe first legal dispensary for recreational marijuana in New York is set to open Dec. 29, marking a long-awaited launch of a cannabis industry that could become one of the country’s most lucrative.
Read more »
New York City's first legal cannabis dispensary opens today in ManhattanHAPPENING TODAY: NYC's first legal cannabis dispensary will open in Noho and the shop is already expecting more than a thousand people who have made reservations to guarantee their spot in line -
Read more »
Legal marijuana dispensary opens in Manhattan; 1st in NYThe first legal dispensary for recreational marijuana in New York is opening Thursday, Dec. 29.
Read more »
'The War on Drugs Part II’: California taxes, rules are killing small legal weed farmsIn a book published this year titled, “Can Legal Weed Win? The Blunt Realities of Cannabis Economics,” UC Davis economists Robin Goldstein & Daniel Sumner outlined a number of headwinds faced by small legal cannabis farmers in places like Humboldt County.
Read more »
The era of legal, recreational weed sales begins in NYC: What you need to knowNew York’s first completely legal weed-buying experience begins today, so here's everything you need to know, from pricing to what products you'll be able to purchase — including treats for your pets.
Read more »