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New York's legal weed sales top $5M a day -- but illegal market could be 10 times larger

New York Post·Carl Campanile·20 days ago
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It’s a record high. New York State’s daily legal weed sales topped $5 million for the first time in history, new data showed — but experts estimated illicit sales could be a whopping 10 times higher. Daily sales averaged $5.14 million in April up from $4.85 million in March, $4.76 million in February and $4.4 million in January, according to state data. New data show that daily cannabis sales in New York has surpassed $5 million for the first time. Helayne Seidman for NY Post But despite the buzz illicit sales are much higher, with one expert estimating it could be as high as $50 million. “I have four illicit stores within walking distance of my store. It’s under the counter,” said Osbert Orduna, CEO of The Cannabis Place in Middle Village.…

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