Hundreds Vie For Just 5 NY Medical Marijuana Licenses

NEW YORK:  The race is on to secure the five licenses to be granted under New York state’s medical marijuana program, which takes effect in January.

And the cash-crop lottery could bring in millions for the winners.

Statewide revenues will likely total $239 million in 2016 and more than $1.2 billion by 2020, according to a report issued by GreenWave Advisors late last year.

Read full article @ NY Post