New York Marijuana Sue State operators to stop attacks, be careful to follow the trail

A trade group representing the largest marijuana companies in New York filed a complaint in the Supreme Court of Greens on Wednesday in the case of “Conversion” of the ongoing illegal market of illegal and legal products.

By failing to implement track-and-trace requirements, the state’s Office of Cannabis Management and the Cannabis Control Board have “allowed a large number of people to enter the New York cannabis market,” The New York Cannabis Industry Association (NMMCIA) alleged.

First reported by the Albany Times Union, the case is the latest example of operators in the market of $ 1.8 billion expressing the displeasure of state regulators with what is seen as the use of licfession.

The complaint asks the judge to require regulators to:

• Create laws and an enforcement system to crack down on diversion and diversion.
• Permits for the return of any company “found” to have participated in the practices and forward them to the attorney general for a prosecutor.
• Lead the follow-up of delayed seed sales at the end of the year.

“The importance of an Effective Seed Marketing Program cannot be overstated when it comes to maintaining market integrity, patient access, and public safety,” said Nymcia in a statement provided by a spokesperson.

“All participants in New York’s cannabis programs need protection and predictability – both of which have been sorely lacking since the adult use rollout began in 2022.

“The purpose of this trial is to hold the response system and force it to finally meet its legal obligations.”

Less than 30% of New York Marijuana operators are profitable, qualified

The names of the case as miracles are Felicia B. REID, OCM PLAYER managing director, and Jessica Garcia, CCB chairperson.

Nymcia represents the joint operators of Marijuana (MSOS) that hold 13 permits for the operation of directly integrated medicine in the Question, called registered organizations (ROS).

These companies “invested millions of dollars in capital, often borrowing at premium interest rates,” the lawsuit says.

But less than 30% of cannabis businesses are profitable – and that’s because they can’t load to stop entry, he adds.

Regulators “have done nothing to prevent the importation of illegal cannabis products manufactured and/or grown outside of New York State,” the complaint states.

Long lasting complaints of Marlujuana Msos

These companies also have long-standing complaints with New York’s legal dealers and cannabis regulators over the state’s choice to delay the introduction of adult marijuana sales – and give marijuana equality applicants a head start on the market.

Those decisions — along with the botched release of State Retail Sales — also helped boost the New York market.

Recently, regulators have cracked down on companies involved in suspected fraud, including the division of $10 million worth of vaporized and other products – some sold – allegedly linked to a licensed processor and distributor called omnium.

Regulators moved to revoke Omnium’s license last month for its alleged role in the conversion scheme.

There is still no track of the marijuana and he is tracking in New York

However, the Empire has been slow to taste the trail—and follow through.

The last plans to introduce the follow-up of the seeds for sale in August were abandoned at the eleventh hour between the meeting of the metr

That’s exactly when OCM plans to require operators to use METRC software on the market, with an implementation date of early 2026 floating around as early as this fall.