Gov. Hochul says NYS has surpassed $4 billion in Cannabis retail sales
With a Bachelor's in Business Administration from the University of Rochester, Marcus has spent over a decade covering local business trends and economic developments for WXXI News. His analytical approach has made him a go-to source for understanding local market dynamics.
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Gov. Hochul says NYS has surpassed $4 billion in Cannabis retail sales By News10NBC NYS surpasses $4 billion in cannabis retail sales ROCHESTER, N.Y. — State leaders say New York’s Cannabis industry has now surpassed $4 billion in retail sales since sales began in December 2022, which leaders say marks a major milestone for the state’s Cannabis industry.According to Gov. Kathy Hochul’s Office, there have been $1.4 billion Cannabis retail sales through the quarter of 2026. New York now ranks third in adult-use retail sales nationally. The state has issued 2,351 cannabis licenses, including 1,039 licensed adult-use retailers and 744 dispensaries currently open and operating. More than 30 of those are in the Rochester region. As more dispensaries open, the state continues to close illegal shops. So far, it has shutdown 738.