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Market
Will New York cannabis industry reach $1.5 billion in sales by end of 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from the New York State government or a verified industry report
Story
New York Cannabis Industry Surpasses $1 Billion in Retail Sales Three Years After Legalization, Says Kathy Hochul
Jan 1, 2025, 06:00 PM
New York Governor Kathy Hochul announced that the state's cannabis industry has surpassed $1 billion in retail sales. This milestone was achieved three years after the legalization of cannabis in New York. Hochul attributed this success to the efforts of individuals who contributed to building what she described as the strongest cannabis industry in the nation. The announcement was made on January 1, 2025, marking a significant achievement for the state's legal marijuana market.
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Yes • 50%
No • 50%
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Remained within 10% range • 25%
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$1 billion to $5 billion • 25%
$500 million to $1 billion • 25%
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