NYS cracks down on illegal cannabis as legal market grows

ALBANY, N.Y. (NEWS10)— It has been four years since the Marijuana Regulation and Taxation Act, known as MRTA, was signed into law.

According to the Office of Cannabis Management, a lot has changed since those early days.

“In terms of the industry, we’ve had an incredible 2024 year where we did, I think, over $900 million in adult-use retail sales putting the total sales over $1 billion. So, just as a testament to what the industry is doing— our rate of licensure, our creativity, and drive of our licensees has been incredible,” said Felicia Reid, OCM’s Acting Executive Director…

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