New York is a big place with lots of people. Some of these people want to buy and sell something called cannabis, which is a plant that some people use to feel good or help with pain. But it's not allowed everywhere, so they have special rules about who can do it and where they can do it. The people in charge of making sure everyone follows the rules are called the Office of Cannabis Management (OCM). They wrote a report that tells us how many people got permission to buy or sell cannabis this year and how much of it was sold. There were 6,200 permissions given out for different things like growing the plant, making stuff from it, and selling it in stores. The report also helps people who want to invest money in this business know if it's a good idea or not. Read from source...

1. The title of the article is misleading and sensationalist, as it suggests that the yearbook is a comprehensive report on the New York cannabis market for 2023, when in reality it is only an annual report from the OCM that covers some aspects of the industry. A more accurate title would be "New York 2023 Cannabis Market: OCM Annual Report Highlights".

To answer your question, I have analyzed the article titled "New York 2023 Cannabis Market Yearbook: How Many Pounds Sold And Licenses Issued?" and extracted the relevant information for your investment decisions. Based on my analysis, here are some possible recommendations and risks for investing in the New York cannabis market:

Recommendation 1: Invest in companies that have secured licenses for adult-use cultivation, processing and retail dispensaries. These companies are likely to benefit from the growing demand for cannabis products and the increasing number of consumers who have access to legal cannabis. Some examples of such companies are Curaleaf Holdings Inc (CURLF), Green Thumb Industries Inc (GTBIF) and Trulieve Cannabis Corp (TCNNF).