NY cannabis industry hits $1 billion in retail sales

ALBANY, N.Y. (NEWS10) — Governor Kathy Hochul announced that New York’s cannabis industry hit $1 billion in retail sales on Tuesday. The milestone comes almost three years after cannabis was first legalized in the state and months after an overhaul of the Office of Cannabis Management (OCM).“Today, we recognize the $1 billion milestone as more than just a number — it’s a testament to the hard work of those who helped build the strongest cannabis industry in the nati