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New York’s marijuana chief believes $1.5 billion in sales is possible in 2025

Summary by GrowCola.com
Felicia Reid inherited a bona fide challenge when she took over as acting executive director of New York State’s Office of Cannabis Management 10 months ago. Or, as Gov. Kathy Hochul memorably described New York’s rollout of a recreational marijuana market, Reid inherited a “disaster” – a situation with lawsuits halting retail licensing, an enormous and brazen illicit market, licensed growers sitting on mountains of unsold product and a flawed s…
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New York’s marijuana chief believes $1.5 billion in sales is possible in 2025

Felicia Reid inherited a bona fide challenge when she took over as acting executive director of New York State’s Office of Cannabis Management 10 months ago. Or, as Gov. Kathy Hochul memorably described New York’s rollout of a recreational marijuana market, Reid inherited a “disaster” – a situation with lawsuits halting retail licensing, an enormous and brazen illicit market, licensed growers sitting on mountains of unsold product and a flawed s…

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GrowCola.com broke the news in on Thursday, April 3, 2025.
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