Big weed operators sue NY over social equity program for retail cannabis shops ...Middle East

Green Thumb Industries, a Chicago-based cannabis company, invested $10 million to create a cultivation center in a former mill building in Holyoke, Massachusetts, pictured on Jan. 31, 2019. The major medical marijuana company is now suing New York regulators over the state’s equity program for cannabis entrepreneurs. In recent years, the large, multi-state companies involved in the lawsuit spent millions on acquiring medical marijuana licenses under the assumption that they would be well-positioned to enter New York's broader market once it opened. [ more › ]

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