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Tag: gray market
Illicit Sales Outpace Legal Market by More than 3 to 1
WASHINGTON – Illicit cannabis sales exceeded $74 billion in 2022, outpacing the country’s legal sales of $28 billion by a staggering 164 percent according...
New York’s Retail Bottleneck Could Fuel a $7.2B Illicit Market
NEW YORK CITY – Illicit operators in New York are expected to capture $7.2 billion in untaxed revenue by 2030, according to a new...