Rosalind Adams, Author at THE CITY

Gov. Kathy Hochul speaks about cracking down on unlicensed cannabis shops.

How Private Equity Trumped Social Equity in State Cannabis Deal

by Rosalind Adams April 24, 2024, 5:01 a.m.April 24, 2024, 11:27 a.m.

Confidential documents obtained by THE CITY reveal how Chicago Atlantic Group became one of the biggest beneficiaries of the state’s legalization program.

"Illicit Cannabis Seized" read several signs taped to the door of an East Village smoke shop.

Marijuana

New York Fined Unlicensed Weed Shops More Than $25 Million — and Collected Almost None of That

by Rosalind Adams Feb. 22, 2024, 5:00 a.m.Feb. 22, 2024, 12:11 p.m.

Gov. Kathy Hochul has said she wants to shut down the illegal stores, but the lack of enforcement reveals just how hard that task will be.

Gov. Kathy Hochul speaks about a state law enforcement effort against unlicensed cannabis businesses.

Marijuana

Calling Cannabis Rollout a ‘Disaster,’ Hochul Blames Law for Rampant Illegal Sales

by Rosalind Adams Jan. 31, 2024, 6:31 p.m.Jan. 31, 2024, 6:32 p.m.

Governor calls unlicensed dealing in “every other storefront” “insane” while her officials struggle to get legal retailers launched.

Gov. Kathy Hochul speaks about a state law enforcement effort against unlicensed cannabis businesses, June 22, 2023.

Marijuana

Sudden Cannabis Board Meeting Cancellation Came at Hochul’s Request, Email Suggests

by Rosalind Adams Jan. 24, 2024, 8:11 p.m.Jan. 24, 2024, 8:40 p.m.

Just three proposed dispensary licenses were on the agenda for a meeting canceled abruptly Tuesday night — while hundreds of frustrated retail-store applicants wait.

Marijuana

Weed Gone Wild: 34 Cannabis Shops — But Just One Licensed — on the Lower East Side

by Rosalind Adams Jan. 5, 2024, 6:00 a.m.Jan. 5, 2024, 11:10 a.m.

New York’s marijuana legalization was supposed to bring order and justice to the market. Instead, one year later, it’s created a confusing potpourri of vendors.

KSK Construction had their headquarters in Williamsburg.

Politics

Eric Adams Donor Claims Boss Reimbursed Campaign Contribution Tied to Event Now Under FBI Investigation

by George Joseph, Bianca Pallaro and Rosalind Adams Dec. 7, 2023, 5:00 a.m.Dec. 7, 2023, 5:17 p.m.

The Adams campaign listed the donation as from a May 2021 fundraiser organized by a co-owner of a Turkish-American company under probe for possible illegal foreign funds routed through employees. “He gave me the money in cash,” said the donor.

The Dazed cannabis shop on Union Square advertises being one of the few state-licensed dispensaries in New York.

Marijuana

Hundreds of Licensed Cannabis Stores Blocked by Lawsuit Could Finally Open

by Rosalind Adams Nov. 28, 2023, 7:18 p.m.Nov. 28, 2023, 7:36 p.m.

Would-be dispensary owners impacted by cannabis-related charges have been from stymied from taking advantage of the head start they were promised by New York. Some are still holding their breath.

Marijuana

NY Promised Pot Store Loans Would Build Wealth and Create Equity. Instead, They’re Loading Businesses With Steep Costs.

by Rosalind Adams Nov. 16, 2023, 5:05 a.m.Nov. 15, 2023, 5:25 p.m.

Loan documents obtained by THE CITY show that the ten-year loans for justice-impacted dispensary operators can climb up to an 18% interest rate for the costs of building out a business that they don’t really control.

Jumal George smiles while sitting on a painted bench.

Marijuana

Legal Budtender Is Home After Three Weeks in Rikers on Pot Charges

by Rosalind Adams Nov. 6, 2023, 5:00 a.m.Nov. 4, 2023, 4:13 p.m.

Jumal George, an employee of NYC’s first legal pot shop, was behind bars in part because state law expunged cannabis convictions, but not pot-related arrest warrants.

Workers at the Statis cannabis shop on East Tremont Avenue in The Bronx help customers choose products.

Marijuana

‘Social Equity’ Legal Weed Dealers Prepare to Bail on Stagnant Funding Program

by Gabriel Poblete and Rosalind Adams Nov. 1, 2023, 5:05 a.m.Oct. 31, 2023, 4:49 p.m.

Berkay Sebat has been edging toward becoming the owner and operator of one of the state’s first cannabis dispensaries. But it’s been four months since the Office of Cannabis Management informed him that he’d been matched with a storefront in SoHo, and he’s not sure he’ll ever get his site. A court injunction on the […]

Rosalind Adams

How Private Equity Trumped Social Equity in State Cannabis Deal

New York Fined Unlicensed Weed Shops More Than $25 Million — and Collected Almost None of That

Calling Cannabis Rollout a ‘Disaster,’ Hochul Blames Law for Rampant Illegal Sales

Sudden Cannabis Board Meeting Cancellation Came at Hochul’s Request, Email Suggests

Weed Gone Wild: 34 Cannabis Shops — But Just One Licensed — on the Lower East Side

Eric Adams Donor Claims Boss Reimbursed Campaign Contribution Tied to Event Now Under FBI Investigation

Hundreds of Licensed Cannabis Stores Blocked by Lawsuit Could Finally Open

NY Promised Pot Store Loans Would Build Wealth and Create Equity. Instead, They’re Loading Businesses With Steep Costs.

Legal Budtender Is Home After Three Weeks in Rikers on Pot Charges

‘Social Equity’ Legal Weed Dealers Prepare to Bail on Stagnant Funding Program

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