What NY Cannabis Will Look Like in 2025
Manage episode 449885304 series 3411139
Welcome to a pivotal episode of the Kaya Cast Podcast, where we delve deep into New York's cannabis marketplace amidst its complex regulatory and business environment. Today's guest, Katie Neer of KND Group, brings an insider’s perspective to the ongoing challenges and opportunities within the state.
In this episode, we'll explore the recent decision deeming padlocks unconstitutional and the repercussions this has on both legal and illicit cannabis markets in New York. Katie shares her insights on regulatory confusion, policing efforts, and the impact of election outcomes on cannabis policy.
We also touch on the potential growth of New York’s legal cannabis market, projected to be worth about $6 billion, and discuss strategic measures needed to realize this vision. Katie discusses the nuances of Registered Organizations (ROs) in the state, leadership changes at the Office of Cannabis Management (OCM), and policy suggestions to enhance New York’s approach towards medical cannabis and private rights of action against illicit operations.
Join us as we unpack these critical issues with Katie Neer, whose expertise in shaping policy through collaboration with regulators offers invaluable lessons for cannabis businesses aiming to navigate and influence policy landscapes effectively.
Whether you're a dispensary owner, a policy maker, or simply a cannabis enthusiast, this episode offers a thorough understanding of the complexities and pivotal changes shaping one of the most dynamic cannabis markets in the U.S.
Tune in to gain actionable insights and stay ahead in the ever-evolving world of cannabis business regulations.
Remember to follow, like, or subscribe to Kaya Cast on your favorite podcast platform to keep up with the latest discussions and strategies for scaling and thriving in the cannabis industry.
Highlights:
00:00 Introduction and Overview
00:11 Guest Introduction: Katie NIR from KND Group
00:44 Discussion on New York's Illicit Cannabis Market
02:36 Challenges and Nuances in Enforcement
06:01 Policy and Legislative Updates
12:26 Medical Cannabis Program in New York
17:10 State of Registered Organizations (ROs)
30:40 Current Market Overview and Future Outlook
35:24 Rescheduling and Its Impact on the Industry
37:25 Conclusion and Contact Information
Find out more about KND Group at:
https://www.kndgroupllc.com/
https://www.linkedin.com/in/katie-neer-1b425414/
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125 episode