What is expected to be America's largest cannabis market is still stuck in limbo as New York legislators hammer out the details.
When will consumers be able to walk into a store and buy cannabis?
"We don't know, we don't know," Patrik Jonsson, northeast regional president at Curaleaf, told Insider. "And not just on the timeline, but also what we're going to be allowed to do," he said.
Curaleaf is among the top cannabis MSOs, or multi-state operators, in the United States, according to The Motley Fool. It has over 100 dispensaries in 23 states, including New York State where it operates several medical dispensaries.
Jonsson is responsible for overseeing Curaleaf's business in Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York and Vermont. He said working on New York City right now is "kind of a moving target," because it's impossible to plan for the future without knowing what the regulations will be.
"We're kind of hedging our bets on how big, how small, how quick," Jonsson said. "'Cause none of that is set in stone. We don't know if we're allowed to be in one location. Are we allowed two locations? Can it be three locations?"