New York padlocks 207 illegal pot stores as licensed sellers gain traction - MarketWatch
1. New York has sealed 207 unlicensed cannabis stores, boosting legal cannabis market. 2. 307 legal shops in operation; aiming for $1 billion revenue in 2025. 3. State issued 558 retail licenses, enhancing legal market competition. 4. Tax revenue from cannabis reached $80.2 million in the last fiscal year. 5. Publicly traded companies include GTBIF, showing a positive market trend.