New York State regulators are scrutinizing major cannabis companies due to complaints about their practices of sourcing marijuana from unauthorized or out-of-state suppliers. The Office of Cannabis Management has initiated audits of a Long Island processor linked to several brands, including Stiiizy. This situation highlights a broader issue of 'inversion' in the industry, undermining the integrity of legalized cannabis by potentially exposing consumers to untested products while harming licensed growers who cannot compete. This investigation shows a new focus from regulators who had previously been criticized for overlooking such misconduct.
The investigation signals a shift in priorities for the Office of Cannabis Management, which has long been accused by license holders of ignoring misconduct.
The strategy, known as inversion, undercuts promises that legalization offers consumers a safe supply of cannabis products traced back to local farms.
It is a federal crime to transport marijuana across state lines, so legal weed has to be grown and sold in the same state.
Some companies have long been suspected of cutting costs by sourcing weed from states where it is cheaper or by buying from unlicensed growers.
#cannabis-regulation #new-york #illegal-marijuana-sales #office-of-cannabis-management #industry-misconduct
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