New York is cracking down on illegal weed stores as legal market struggles to take hold

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

New York is stepping up its efforts to stop unlicensed smoke shops from selling marijuana, as the state struggles to boot up its legal marketplace.

New York state officials have begun ramping up efforts to stop the sale of marijuana by unlicensed operators, who are circumventing tax requirements and undermining the state's legal weed rollout.The city is going after landlords, too, issuing fines of up to $10,000 to those who knowingly lease commercial property for illegal weed sales.

The state has started to crack down on the unlicensed shops by increasing inspections of stores, which can face fines or closure. But its effort has only begun to chip away at the vendors, particularly in New York City. In addition to skirting the tax system, smoke shops operating illegally may also pose significant health risks. A 2022

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines