Cannabis News Box

NY cannabis trade group drops MedMen, but company says it hasn’t been informed

NY cannabis trade group drops MedMen, but company says it hasn’t been informed

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 28, 2019


Filed under Social cannabis

MedMen Enterprises – a publicly-traded cannabis company that owns and operates 19 licensed facilities in cannabis cultivation, manufacturing and retail – has been exiled from the ranks of the New York Medical Cannabis Industry Association (NYMCIA). This is according to a spokesman from the NY...

Medical cannabis program in New York suffers from lack of sales and patient demand

Medical cannabis program in New York suffers from lack of sales and patient demand

Logan Lowrey-Rasmussen

October 5, 2017


Filed under Medical cannabis

The New York state medical cannabis program continues to struggle with a lack of sales, tax revenue and demand.  Since the program launched two years ago, state tax-collection data revealed the five authorized medical cannabis companies lost a gross total of $16 million in revenue before tax fro...

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