The regulated entertainment marijuana market in New York is expected to be launched by the end of this year or early 2023. Dozens of illegal marijuana stores are booming in New York, posing a competitive threat to the state's upcoming multi billion dollar adult marijuana industry. Some unlicensed sellers are selling marijuana products such as flowers, pre cigarettes and food at open-air stalls. Underground operators may attract customers away from the licensed business because they can offer lower product prices without paying taxes and license fees. At the same time, the state government hopes to turn these illegal enterprises into licensed companies and persuade customers to buy regulated products that pass high safety and health standards.
Source: mjbizdaily com/