New York judge strikes down state's marijuana marketing laws [Seeking Alpha]
Leafly Holdings, Inc. (LFLY)
Company Research
Source: Seeking Alpha
New York Supreme Court Justice Kevin Bryant issued the revised ruling on Thursday after the state's cannabis sellers, and other stakeholders raised concerns about his initial order that tossed a large chunk of NY's marijuana regulations. In a lawsuit filed in September against New York's Office of Cannabis Management (OCM), Leafly ( LFLY ) has challenged the state rules banning third-party advertising for cannabis retailers. In his ruling, Judge Bryant sided with the Seattle, Washington-based company, noting that the state's cannabis marketing regulations banning third-party advertising were "null and void and arbitrary and capricious." "There is nothing in the record to establish precisely how OCM developed the regulations, which staff members participated in the process or how they addressed the litany of issues that were raised not only by Petitioners but by other individuals who submitted comments," he wrote. "We are reviewing the decision and exploring all possible legal
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LFLY
News
- Tiffany Haddish Talks Cannabis & ‘The Freak Brothers' At Cookies Melrose [Forbes]Forbes
- Leafly to Announce First Quarter 2024 Financial Results on May 9, 2024Business Wire
- NBA Legend Carmelo Anthony Launches Cannabis Brand And Agency [Forbes]Forbes
- Denver Tops Poll As Country's Best Weed City [Forbes]Forbes
- Glow Announces Appointment of Rob Carducci as New CEO and Board Changes To Lead Next Stage of Growth [Yahoo! Finance]Yahoo! Finance
LFLY
Earnings
- 3/28/24 - Beat
LFLY
Sec Filings
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- LFLY's page on the SEC website