NYC’s First Legal Pot Shop Aims for $1 Million in Revenue (2)

Housing Works, a nonprofit that helps New York’s homeless and HIV-positive population, has long supported itself with a network of thrift stores selling secondhand designer clothing, used books and and its own activism-inspired merchandise.

Starting Thursday, the 31-year-old organization will add another line of business: marijuana.

Watch: Buying marijuana in New York State is now legal.

Source: Bloomberg

The Housing Works Cannabis Co. will open New York state’s first legal retail weed shop on the corner of Astor Place and Broadway in Greenwich Village, near the New York University campus. The official launch was set for 4:20 p.m. in a nod to marijuana culture slang. An hour before the doors ...