Bloomberg Law
March 28, 2023, 2:00 PM

New York’s Richest Enclaves Are Shutting Out the Weed Business

Cailley LaPara
Cailley LaPara
Bloomberg News

Southampton’s Main Street has the type of stores you’d expect for a place where homes routinely sell for over $5 million: One can pop into Veronica Beard for a $350 pair of skinny-flare jeans, snap up some art at Hauser & Wirth and then grab a $9 cappuccino at Sant Ambroeus.

If Kim Stetz gets her way, you’ll also be able to pick up some weed — legally — on your way to the beach.

“Hell yeah, we want to have a place in the Hamptons,” said Stetz, a psychotherapist who received one of 40 available dispensary licenses on Long Island and is looking to establish a cannabis shop ...

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