New York Budget Includes $15M Fee for Medical Cannabis Companies Seeking Adult-Use Licenses

Canopy Revamps Portfolio, Brings New Releases To Tweed, 7Acres - Shanken News Daily

Canadian cannabis company Canopy has revamped its adult-use portfolio, introducing new products across the 7Acres, Tweed, Claybourne, and Deep Space brands. The new releases cover some of the most in-demand categories for Canadian adult-use consumers, including vapes, high-potency flower, pre-rolls, … Continue reading → The post Canopy Revamps Portfolio, Brings New Releases To Tweed, 7Acres appeared first on Shanken News Daily.

New York Budget Includes $15M Fee for Medical Cannabis Companies Seeking Adult-Use Licenses

Medical cannabis businesses in New York seeking to participate in the adult-use market could face a $15 million licensing fee under a proposal in the state budget, Capitol Pressroom reports. Katie Neer, who is of counsel at Dickinson & Avella and represents the New York Medical Cannabis Industry Association, told the Pressroom that a $5 million fee for three co-located shops, paid over time, would be "feasible" - but a $15 million fee is not. "I…