New York's cannabis market is experiencing explosive growth at 355.1%, while California and Illinois are seeing significant sales declines of -10.9% and -9.4% respectively.
This pricing disparity, where California averages $18.86, Illinois $28.17, and New York a hefty $35.96, doesn’t deter consumers, indicating a strong demand in New York.
New York's regulatory framework prioritizes equity and supports local businesses, especially those owned by minorities and veterans, fostering a vibrant market scene.
The contrasting trajectories of these states illustrate not just sales performance but also how rapidly evolving regulations can reshape industry landscapes.
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