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Reporting by Town uncovered that A non-public equity group benefited the most from that so-referred to as “social fairness” fund agreement, guaranteeing sizeable returns to the Chicago Atlantic Group. Soon after our reporting, the point out suspended new cannabis business leases.

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CEO Damien Cornwell explained to local reporters, “It’s been a long time because we’ve had business that triggered a good deal of excitement In this particular town.

New York cannabis regulators hope that a supervised marketplace should help ensure the safety and lawful delivery of cannabis solutions in the town. New York Governor Kathy Hochul declared the first lawful sale of adult-use cannabis “a historic milestone in New York’s cannabis field.”