--- title: Your Top 5 News Stories - November 2, 2021 description: As Cannabis Legalization Expands, the Tech Firms Fueling Its Sales Are Exploding in Value, No recreational cannabis business permits until 2023, NY regulator says, and more! image: https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-11-02%20at%202.00.01%20PM.png --- [![](https://blog.newfrontierdata.com/hs-fs/hubfs/logo-ondark.png?width=431&height=233&name=logo-ondark.png "logo-ondark.png")](https://newfrontierdata.com/) # Your Top 5 News Stories - November 2, 2021 November 02, 2021 [In Sight Daily](https://blog.newfrontierdata.com/topic/in-sight-daily) [![MicrosoftTeams-image (18)-Aug-10-2021-02-42-34-78-PM](https://blog.newfrontierdata.com/hs-fs/hubfs/MicrosoftTeams-image%20(18)-Aug-10-2021-02-42-34-78-PM.png?width=720&name=MicrosoftTeams-image%20(18)-Aug-10-2021-02-42-34-78-PM.png)](http://newfrontierdata.com) [![728x90-Eexplore-equio](https://blog.newfrontierdata.com/hs-fs/hubfs/728x90-Eexplore-equio.gif?width=695&name=728x90-Eexplore-equio.gif)](https://newfrontierdata.com/equio-features/) --- ![tech science innovation](https://blog.newfrontierdata.com/hs-fs/hubfs/tech%20science%20innovation.jpg?width=695&name=tech%20science%20innovation.jpg) | [![Screen Shot 2021-11-02 at 2.00.01 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-11-02%20at%202.00.01%20PM.png)](https://www.adweek.com/commerce/as-cannabis-legalization-expands-the-tech-firms-fueling-its-sales-are-exploding-in-value/)   | **[As Cannabis Legalization Expands, the Tech Firms Fueling Its Sales Are Exploding in Value](https://www.adweek.com/commerce/as-cannabis-legalization-expands-the-tech-firms-fueling-its-sales-are-exploding-in-value/)** Celebrity brands and novel products aside, cannatech firms are vital for dispensaries to streamline business and attract and keep consumers.  | | --- | --- | --- ![legislative](https://blog.newfrontierdata.com/hs-fs/hubfs/legislative.jpg?width=695&name=legislative.jpg) | [![Screen Shot 2021-11-02 at 2.01.58 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-11-02%20at%202.01.58%20PM.png)](https://mjbizdaily.com/no-new-york-recreational-cannabis-business-permits-until-2023-regulator-predicts/)   | [**No recreational cannabis business permits until 2023, NY regulator says**](https://mjbizdaily.com/no-new-york-recreational-cannabis-business-permits-until-2023-regulator-predicts/) New York’s legalized recreational cannabis market will not launch for another 18 months as regulations are finalized, according to the state’s top regulator.  | | --- | --- | --- ![wild card](https://blog.newfrontierdata.com/hs-fs/hubfs/wild%20card.jpg?width=695&name=wild%20card.jpg) | [![Screen Shot 2021-11-02 at 2.03.00 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-11-02%20at%202.03.00%20PM.png)](https://news.bloomberglaw.com/tax-insights-and-commentary/lets-get-digital-a-marriage-of-cannabis-and-crypto)   | [**Let’s Get Digital: A Marriage of Cannabis and Crypto**](https://news.bloomberglaw.com/tax-insights-and-commentary/lets-get-digital-a-marriage-of-cannabis-and-crypto) As legal cannabis and cryptocurrency occupy some gray areas, their global markets are worth over $24 billion and $2 trillion respectively.  | | --- | --- | --- [![NXTecK-DMP-782x90-1](https://blog.newfrontierdata.com/hs-fs/hubfs/NXTecK-DMP-782x90-1.gif?width=695&name=NXTecK-DMP-782x90-1.gif)](https://newfrontierdata.com/nxteck/) --- ![finance](https://blog.newfrontierdata.com/hs-fs/hubfs/finance.jpg?width=695&name=finance.jpg) | [![Screen Shot 2021-11-02 at 2.04.10 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-11-02%20at%202.04.10%20PM.png)](https://www.capecodtimes.com/story/business/2021/11/02/pot-shops-billion-dollar-massachusetts-market-cannabis-industry-face-hurdles-cape-cod-retail-medical/6233346001/)   | [**Massachusetts pot shops are a billion-dollar market, but cannabis industry still faces hurdles**](https://www.capecodtimes.com/story/business/2021/11/02/pot-shops-billion-dollar-massachusetts-market-cannabis-industry-face-hurdles-cape-cod-retail-medical/6233346001/) One major setback during the pandemic was when the governor closed cannabis retailers for being non-essential as liquor stores stayed open.  | | --- | --- | --- ![legislative](https://blog.newfrontierdata.com/hs-fs/hubfs/legislative.jpg?width=695&name=legislative.jpg) | [![Screen Shot 2021-11-02 at 2.05.12 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-11-02%20at%202.05.12%20PM.png)](https://www.theguardian.com/us-news/2021/nov/02/california-legal-weed-cannabis-industry-economy)   | [**California legalized weed five years ago. Why is the illicit market still thriving?**](https://www.theguardian.com/us-news/2021/nov/02/california-legal-weed-cannabis-industry-economy) As many locales ban legal cannabis, operators cite high taxes, limited licensing, and high regulatory costs for limiting their potential.  | | --- | --- | --- [![event](https://blog.newfrontierdata.com/hs-fs/hubfs/event.jpg?width=1200&name=event.jpg)![MicrosoftTeams-image (52)](https://blog.newfrontierdata.com/hubfs/MicrosoftTeams-image%20(52).png)](https://newfrontierdata.zoom.us/webinar/register/4216191920335/WN_VmoVeC8NToe_6Ob3eZDHow?utm_campaign=Cannabis%20%26%20Wellness%3A%20A%20New%20Consumer%20Paradigm&utm_source=email&utm_medium=HubSpot&utm_term=newsletter&utm_content=Health%20and%20Wellness%20Webinar) --- [![SIN blue](https://blog.newfrontierdata.com/hs-fs/hubfs/SIN%20blue.png?width=389&name=SIN%20blue.png)](http://newfrontierdata.com) [![NFDLogoBlueAquaStacked](https://blog.newfrontierdata.com/hs-fs/hubfs/NFDLogoBlueAquaStacked.png?width=155&name=NFDLogoBlueAquaStacked.png)](http://newfrontierdata.com) [NewFrontierData.com](http://newfrontierdata.com) ![61734b2a-5216-4ab5-a33f-e6179eeccc23-2](https://blog.newfrontierdata.com/hs-fs/hubfs/61734b2a-5216-4ab5-a33f-e6179eeccc23-2.png?width=110&name=61734b2a-5216-4ab5-a33f-e6179eeccc23-2.png) ![1954288e-d406-47de-8f36-55e27d3d8433](https://blog.newfrontierdata.com/hs-fs/hubfs/1954288e-d406-47de-8f36-55e27d3d8433.png?width=586&name=1954288e-d406-47de-8f36-55e27d3d8433.png) - [Tweet](https://twitter.com/share) [In Sight Daily](https://blog.newfrontierdata.com/topic/in-sight-daily) Share this post: - [Tweet](https://twitter.com/share) - [In Sight Daily (146)](https://blog.newfrontierdata.com/topic/in-sight-daily) ###### Gain access to actionable insight for the cannabis industry today! ![](https://newfrontierdata.com/wp-content/uploads/2021/05/equio-screen-national.png) [Free Trial](https://newfrontierdata.com/equio-features/) **LOCATIONS** HEADQUARTERS 1400 I Street NW, Suite 350 Washington, D.C. 20005 [info@newfrontierdata.com](mailto:info@newfrontierdata.com) 844-420-D8TA (3882)   Copyright © 2014-2021  Frontier Financial Group, Inc. 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