New York’s Massive Cannabis Gray Market Could Cost The State $2.6 Billion In Lost Taxes By The End Of The Decade
According to a new report, with only four licensed cannabis dispensaries in the Empire State and more than 1,400 unlicensed pot shops, the Wild West of Weed will lose billions in revenue if it doesn’t stop the lawlessness soon.
If New York doesnt tame its Wild West of Weed, unlicensed cannabis dispensaries and illegal marijuana sales could siphon $1 billion a year from the legal market through 2030. That translates to some …