NYC's Slow Legal Weed Rollout Sparks Gray Market Cannabis Boom.
The slow rollout of legal weed in the Tri-State area has led to the proliferation of "gray" market cannabis shops, with an estimated 1,400 illicit businesses in New York City alone. While state officials are trying to right the wrongs of the "War on Drugs" with social equity components in their recreational marijuana programs, anti-marijuana activists are trying to slow the fast pace of legal cannabis adoption. The national cannabis market is estimated to reach $71 billion in sales by 2030, with the New York state market alone potentially making up 10% of that.
