Over 300 adult-use cannabis dispensaries are now open for business in New York State, the Office of Cannabis Management has announced.
Since launching legal sales in December 2022, New York's cannabis industry has generated over $1.06 billion in total retail sales, created more than 5,000 jobs statewide, and awarded 80% of retail licenses to Social and Economic Equity (SEE) applicants.
"New York's cannabis industry is growing stronger every day, and the opening of over 300 licensed dispensaries is a testament to the resilience and dedication of our entrepreneurs," said Felicia A.B. Reid, Acting Executive Director of The New York State Office of Cannabis Management. "Each new dispensary represents more opportunities for small businesses, more jobs for New Yorkers, and more reinvestment in the communities most affected by cannabis prohibition. We are proud to see this market thrive and will continue to support an inclusive, sustainable industry that benefits all."