Cannabis industry targets luxury consumers with Fifth Avenue marijuana dispensary, Hamptons presence
Publishing timestamp: 2024-08-31 08:00:01
Summary
Cannabis consumption is becoming popular in the luxury market, with high-end dispensaries opening on Fifth Avenue in New York. Companies are selling luxury accessories and THC-infused drinks. Licensed cannabis sales in New York have surpassed $100 million, and ethical missions of some dispensaries are attracting customers. Brands like Cann and Jonathan Adler are also targeting the luxury cannabis market.
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Keywords: food and drink, new york, wealth, new york city, luxury, retail industry, marijuana, breaking news: business, lululemon athletica inc, business news,
Source: https://www.cnbc.com/2024/08/31/cannabis-weed-marijuana-industry-targets-luxury-consumers.html