Illegal cannabis shops openly advertise products with unregulated marijuana, lower prices, and undetected taxes, putting licensed vendors at a disadvantage despite high fees paid for legality.
New York aims to empower municipalities, particularly NYC, to inspect and close illicit cannabis shops to ensure public safety and compliance with regulations.
Recreational cannabis generates over $7 billion yearly in New York, but only $150 million from licensed sellers, highlighting the challenge of illegal operators evading taxes and regulations.
"New Yorkers should be able to walk down the street without being bombarded by dozens of illegal smokeshops that are operating outside the law and putting young New Yorkers at risk," Liz Garcia, a spokeswoman for Adams, said.
#illegal-cannabis-shops #new-york-legislation #licensed-cannabis-vendors #tax-revenue #public-safety
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