NY plans to ban Omnium Health over product inversion 🛑

“Nearly seven years after legalization, Ontario’s illegal cannabis market continues to thrive — and that’s a problem the province can no longer afford to ignore,” a group of Canadian cannabis industry representatives, including High Tide’s Omar Khan, write in a Toronto Sun editorial.

“Legal cannabis retailers who operate responsibly — mostly small, local and often family-owned — are losing business to competitors who play by a different set of rules.”

Read the full editorial: Ontario must crack down on illegal cannabis before faith goes up in smoke.

New York seeks to ban Omnium Health over product inversion 🛑

New York’s Office of Cannabis Management filed charges intended to strip Long Island cannabis producer Omnium Health of its license and ban it from the state after it was found to have let out-of-state cannabis companies illegally use its facilities to make and sell products. It’s the first ban resulting from the OCM’s push to crack down on product inversion, or selling out-of-state cannabis in New York without a license. Read more in the The New York Times.

Supreme Court takes up cannabis and guns case 🧑‍⚖️

The United States Supreme Court will consider a case where a man who said he was a regular cannabis user was charged with illegal possession of a firearm, reports The Associated Press. The conservative majority on the bench tend to favor the right to bear arms, but it remains to be seen if that tendency will conflict with the right to use a Schedule I drug.

Pennsylvania Senate committee expected to vote on cannabis agency 📜

The Senate's Committee on Law and Justice is scheduled to meet today to vote on Senate Bill 49 which would establish the state's Cannabis Control Board. This move would precede a general legalization effort to ensure that if adult-use cannabis is legalized, there will be an independent oversight agency in place to regulate the new market.

Hemp farmer sues Connecticut over social equity rules 🏛️

CT hemp farmer Brant Smith filed a federal lawsuit against the state, arguing the social equity rules baked into the legalization law are discriminatory and unconstitutional. The suit is based on another federal case where a federal court said New York’s prioritization of in-state applicants with previous convictions for licenses is a “protectionist,” measure that violates the Dormant Commerce Clause. CT Insider has more.

LIT ALERTS’ INSIGHTS
Price compression in NYC

Price Compression has arrived in New York City. But surely in the highly coveted New York city boroughs pricing is holding up?

Not so fast.

Looking at the most popular flower package, average menu price for an eighth of cannabis flower in New York City dropped across all five boroughs between April 2025 and October 2025.

The Bronx is running the lowest average price reaching $37.30 recently, however they have experienced the lowest percentage decrease in the same period at roughly 3% compression.

Staten Island consistently had the highest average price in both periods, currently the only borough sitting above $40 for an eighth.

Queens is holding stronger than Manhattan and Brooklyn who have experienced the highest pricing compression at roughly 7%. Queens has only contracted 4.5% in the last 6 months and now finds itself close to parity with Manhattan and Brooklyn.

Have a look at Lit Alerts’ exclusive insights into price compression in NYC. 👇

To learn more about Lit Alerts and get a special offer only available to Cultivated readers, visit litalerts.com.

Michigan’s Cheap Weed Just Went Up in Smoke | Slate

NM Medical Cannabis Co. Tells Tax Court 280E Does Not Apply | Law360 ($)