Sign In   Register

Cannabis and Hemp Industry Investment News

Cannabis Industry Press Releases and News Articles from the best investment journalist in the industry. Stay updated on all cannabis investment news from every online source, on MjInvest.com

Legal or not, a cannabis dispensary is expanding across the city

1 minute reading time (283 words)
Empire Cannabis Clubs in Chelsea is everything you’d imagine a marijuana dispensary to be. There are glass display cases with a variety of marijuana buds, known as flower, and shelves full of edibles, pre-rolled joints, vape cartridges and other THC products — all in a sleek retail setting.

On its website, Empire proclaims itself the city’s first cannabis dispensary. But owners of the small business say they’re not actually selling cannabis, technically speaking — they’re selling club memberships.

“If you intend to buy any THC products, you will need to be a member of the club, either daily or monthly,” says Lenore Elfand, Empire’s co-owner. The club offers a daily pass for $15 and a monthly membership for $35 a month.

Empire operates as a not-for-profit membership club in order to tiptoe around state law, which currently allows for the possession and use of marijuana, but not its sale.

That’s because the state must first develop a regulatory framework for the industry and issue licenses, a process that’s expected to take up to a year, if not longer. The state’s Office of Cannabis Management, formed last year, is currently holding a series of virtual public forums as it draws up regulations.

In the meantime, entrepreneurs like Elfand have stepped into the void to meet the burgeoning demand. Elfand opened Empire’s flagship location in Chelsea in September, and expanded to a second location on the Lower East Side earlier this month. The club will soon deliver to some Manhattan zip codes. [Read More @ Spectrum News NY1]

 

 

The post Legal or not, a cannabis dispensary is expanding across the city appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Copyright

© Cannabis Business Executive


Related Posts


MjInvest.com