Wednesday, November 5, 2025
No Result
View All Result
The Financial Observer
  • Home
  • Business
  • Economy
  • Stocks
  • Markets
  • Investing
  • Crypto
  • PF
  • Startups
  • Forex
  • Fintech
  • Real Estate
  • Analysis
  • Home
  • Business
  • Economy
  • Stocks
  • Markets
  • Investing
  • Crypto
  • PF
  • Startups
  • Forex
  • Fintech
  • Real Estate
  • Analysis
No Result
View All Result
The Financial Observer
No Result
View All Result
Home Business

New York City beats shuttered illicit marijuana operators in court

New York City beats shuttered illicit marijuana operators in court
Share on FacebookShare on Twitter


New York Metropolis’s crackdown on illicit marijuana operators is constitutional, a federal decide has dominated.

In his March 21 ruling, U.S. District Courtroom Decide J. Paul Oetken granted town’s request for a dismissal of a lawsuit introduced by 27 unlicensed hashish retailers whose retailer doorways had been padlocked and stock seized in Might 2024.

Led by an operator known as Moon Rocket, the companies filed a lawsuit in June 2024 alleging that New York Metropolis’s Operation Padlock to Defend violated their due course of rights beneath the 14th Modification of the U.S. Structure.

A month later, the unlicensed operators sought an injunction to halt town’s enforcement, however Oetken denied the request.

After which got here the newest ruling, wherein Oetken decided the plaintiffs didn’t state a declare.

Every of the 27 unlicensed enterprise concerned within the lawsuit was inspected by New York Metropolis sheriffs, who instantly closed the shops after discovering and seizing “alleged hashish and hashish merchandise,” in keeping with Oetken’s March 21 ruling.

The 27 operators then participated in a listening to earlier than an officer with town’s Workplace of Administrative Trials and Hearings (OATH) and, in a number of instances, had been allowed to reopen.

The companies that weren’t allowed to reopen may nonetheless problem the closures beneath state regulation, Oetken famous in his ultimate ruling.

“Due to this fact,” he wrote partially, “the Courtroom concludes that the danger of misguided deprivation ensuing from the present process is low.”

It’s unclear if the plaintiffs plan to file an enchantment.

A New York Metropolis spokesperson celebrated the ruling, telling Bronx-based TV station Information 12 in a press release that “we’re glad to listen to that the court docket upheld what we’ve (recognized) all alongside – New York Metropolis’s course of to (shut down) unlawful smoke outlets – which threaten New Yorkers’ well being, security, and high quality of life – is lawful.”

As of final fall, as many as 1,200 of an estimated 7,000-plus unlicensed hashish sellers in New York Metropolis had been shut down.



Source link

Tags: beatsCityCourtEric Adamsillicitmarijuananew yorkNew York Citynew york city cannabisnew york city marijuananew york city marijuana crackdownnew york marijuanaoperation padlock to protectoperatorsshutteredYork
Previous Post

Island lands $250M in funding at a $4.8B valuation

Next Post

Trump sets auto tariffs at 25%, drawing swift backlash. ‘The tariffs announced today will harm—not help,’ says world’s largest business association.

Related Posts

Politics And The Markets 11/05/25
Business

Politics And The Markets 11/05/25

November 5, 2025
Air India to resume Israel flights in January
Business

Air India to resume Israel flights in January

November 4, 2025
Look for better rates as lenders price to a lower prime rate
Business

Look for better rates as lenders price to a lower prime rate

November 3, 2025
India’s IPO boom signals market depth, but caution advised: Santosh Rao
Business

India’s IPO boom signals market depth, but caution advised: Santosh Rao

November 3, 2025
Transportation secretary says he doesn’t plan to fire air traffic controllers who don’t show up for work
Business

Transportation secretary says he doesn’t plan to fire air traffic controllers who don’t show up for work

November 2, 2025
Exxon Mobil Continues To Benefit From Advantaged Upstream (NYSE:XOM)
Business

Exxon Mobil Continues To Benefit From Advantaged Upstream (NYSE:XOM)

November 1, 2025
Next Post
Trump sets auto tariffs at 25%, drawing swift backlash. ‘The tariffs announced today will harm—not help,’ says world’s largest business association.

Trump sets auto tariffs at 25%, drawing swift backlash. ‘The tariffs announced today will harm—not help,’ says world’s largest business association.

The new China Shock – Econlib

The new China Shock - Econlib

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
10 High Dividend Stocks Trading Near 52 Week Lows

10 High Dividend Stocks Trading Near 52 Week Lows

October 22, 2025
Robinhood Moves Into Mortgage Lending in Partnership With Sage Home Loans

Robinhood Moves Into Mortgage Lending in Partnership With Sage Home Loans

November 4, 2025
JetBlue Adds Perks for Families, Cuts for Entry-Level Elites

JetBlue Adds Perks for Families, Cuts for Entry-Level Elites

October 18, 2025
Landmark ruling in India treats XRP as property, not speculation

Landmark ruling in India treats XRP as property, not speculation

October 28, 2025
How is Farm ERP Market Transforming the Future of Digital Agriculture?

How is Farm ERP Market Transforming the Future of Digital Agriculture?

November 3, 2025
CyberRidge raises m to thwart post quantum threat

CyberRidge raises $26m to thwart post quantum threat

October 28, 2025
Politics And The Markets 11/05/25

Politics And The Markets 11/05/25

November 5, 2025
HeyMax Debuts in Hong Kong, Partnering with Cathay to Drive Regional Growth

HeyMax Debuts in Hong Kong, Partnering with Cathay to Drive Regional Growth

November 5, 2025
InnovAge Holding Corp. (INNV) Q1 2026 Earnings Call Transcript

InnovAge Holding Corp. (INNV) Q1 2026 Earnings Call Transcript

November 5, 2025
How Ripple built a blockchain bank without a banking license

How Ripple built a blockchain bank without a banking license

November 5, 2025
How I Built a Hybrid, ML-Powered EA for MT5 (And Why a “Black Box” Isn’t Enough) – Neural Networks – 4 November 2025

How I Built a Hybrid, ML-Powered EA for MT5 (And Why a “Black Box” Isn’t Enough) – Neural Networks – 4 November 2025

November 4, 2025
BulkEdit.Tools Review: Simplify Batch Image Editing with Speed and Precision

BulkEdit.Tools Review: Simplify Batch Image Editing with Speed and Precision

November 4, 2025
The Financial Observer

Get the latest financial news, expert analysis, and in-depth reports from The Financial Observer. Stay ahead in the world of finance with up-to-date trends, market insights, and more.

Categories

  • Business
  • Cryptocurrency
  • Economy
  • Fintech
  • Forex
  • Investing
  • Market Analysis
  • Markets
  • Personal Finance
  • Real Estate
  • Startups
  • Stock Market
  • Uncategorized

Latest Posts

  • Politics And The Markets 11/05/25
  • HeyMax Debuts in Hong Kong, Partnering with Cathay to Drive Regional Growth
  • InnovAge Holding Corp. (INNV) Q1 2026 Earnings Call Transcript
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2025 The Financial Observer.
The Financial Observer is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Business
  • Economy
  • Stocks
  • Markets
  • Investing
  • Crypto
  • PF
  • Startups
  • Forex
  • Fintech
  • Real Estate
  • Analysis

Copyright © 2025 The Financial Observer.
The Financial Observer is not responsible for the content of external sites.