New York Marijuana Deal Put Private Investors Ahead Of Social Equity And Taxpayers, Investigation...

Wed, Apr 24

YIKES: New York's marijuana business financing plan is based on a "lopsided deal that undermines its commitment to social equity goals while guaranteeing substantial returns" for a private equity firm, a media investigation found. https://t.co/YtDftWKZZ3

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“The private entity here is the one benefiting the most, though the goal of public policy is to benefit the state and to benefit the dispensary owners.” By Rosalind Adams, THE CITY Last June, New...

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