New York calling out marijuana operators that are delinquent on payments

New York’s regulated marijuana market has faced numerous funding and operational issues since adult-use sales launched in late 2022 but has largely avoided credit delinquencies between retailers, distributors and brands.

Despite the presence of 171 operational retailers throughout the state, only two companies are on a regulator’s list for being 30 days past due on bill payments, according to Green Market Report.

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The list, curated by the Office of Cannabis Management (OCM), was obtained by Green Market Report from an industry source.

The offenders are …

The two marijuana operators on the list through Aug. 28, both based in New York City, are Conditional Adult Use Retail Dispensary (CAURD) holders, the state’s version of social equity:

Smacked. Royal Leaf NY, doing business

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