New York City's recreational cannabis market is on an impressive upward trajectory, with expert predictions highlighting a significant expansion in quality and accessibility by 2025. The number of licensed dispensaries has soared from 16 in 2023 to over 200, and the state overall has about 325 dispensaries. Notably, 2024 marked a turning point with a rapid rollout of new stores and optimistically accelerating license issuances. The crackdown on unlicensed businesses has further solidified the market, instilling confidence among officials and consumers alike.
"After years of challenges to the rollout of New York's legal cannabis market, 2024 was a significant improvement with 200-plus new stores coming online, significantly accelerated sales, and strong optimism..."
"New Yorkers will have higher quality weed and more places to buy from this year, according to experts."
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