Mike Flynn’s entry into the legal marijuana business in Central New York has been more successful than he expected.
Now he wants to take that success statewide.
He said his retail business, FlynnStoned Cannabis Co. in Syracuse’s Armory Square, generated $30 million in gross sales in its first year, from June 2023 to June 2024. He had anticipated about $7 or $8 million in sales for the year.
He’s now working to open two other FlynnStoned shops. One will be in the former Pope’s Grove Golf Course on State Fair Boulevard in Lakeland, where he staged a temporary shop during the 2023 New York State Fair. A second shop is under development in Manhattan.
Although the state’s marijuana laws essentially prohibit one owner from operating more than three shops, Flynn has come up with another way to expand his brand.
It involves sharing his success with other entrepreneurs.
Flynn is currently consulting with up to 30 existing or soon-to-open retail dispensaries in the state. He’s …