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Millions in sanctions that unregistered cannabis retailers in New York- Cbdganjah

New York state capitol building Albany 1

Underscoring the continuing enforcement difficulties in the burgeoning industry, the vast majority of sanctions imposed in New York against unregulated cannabis retailers have not been paid.

The Office of Cannabis Management ( OCM) and Department of Taxation and Finance have only collected$ 22,500 from unlicensed stores despite imposing fines of more than$ 25 million, according to The City news outlet.

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This development follows a MJBizDaily report from October stating that the majority of New York authorities ‘ and law enforcement agencies ‘ crackdown initiatives related to illegal marijuana sales were still ongoing.

The City reports that at the moment, New York authorities halted managerial hearings where judges may impose fines and other penalties on those who were selling illegal marijuana products.

In accordance with legislation passed next year,

Read the entire article on Marijuana Business Daily.

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