Canovate › Markets › New York
Cannabis Market Briefs

New York Cannabis Market Intelligence

Adult-use status
Legal since 2021
Medical cannabis
Legal
State tax rate
13% + local up to 5%
Estimated market size
$1.3B
CA CO MI NY IL MA OR WA AZ NV
10 of 10 cities available
Albany
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Brooklyn
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Buffalo
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Hempstead
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Manhattan
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Queens
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Rochester
Ready
Rochester's adult-use market is still in early buildout with fewer than 20 licensed dispensaries serving a metro of 1.1 million people, creating a rare first-mover window for dispensaries that invest in local SEO and loyalty programs before the market saturates.
14 shops $9-14/g avg
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Syracuse
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White Plains
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Yonkers
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