Medical-cannabis companies blast New York for ‘clear course for failure’ in state pot-business rollout ...Middle East

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Medical-cannabis companies blast New York for ‘clear course for failure’ in state pot-business rollout
New York state’s largest medical-cannabis companies, which have been barred from wading into the adult-use market for more than two years, are saying they’ve waited long enough for licenses from the state. Chief executives of Curaleaf CURLF, +1.41%, Green Thumb Industries GTBIF, +1.63%, Acreage ACRHF, +10.05% and PharmaCann said the state’s Office of Cannabis Management under Gov. Kathy Hochul is putting New York’s cannabis program “on a clear course for failure.” While the Office of Cannabis Management has estimated that 2,000 retail dispensaries are needed to serve the New York market, the state is projected to have f

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