Tuesday, September 8, 2026

FROM THE MAILBOX, 2026 SENIOR AWARDS BANQUET, FLYOVER, HOW MUCH PEEKSKILL GETS FROM ALL ITS CANNABIS BUSINESSES

A reader asks: Back in May, maybe June, there was an awards dinner for Croton seniors; do you have anything? 

Response: Believe you are looking for this---the June Senior Awards banquet; for details and photos. GO TO EverythingCroton: 2026 CHHS ATHLETIC BANQUET, SENIOR AWARDS

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A reader asks: The French (or it may been German?????) air force flew over the village as a 250 tribute. I could have sworn I saw a video here.

Reponse: French......Video of flyover! EverythingCroton: VIDEO FLYOVER, THANK YOU OAK PLACE BOB ANDERSON


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A reader asks: I heard that Peekskill pulls in a HALF million annually from all their cannabis businesses. In this true?

Response: Uh, no

PER GOOGLE AI WITH LINKS TO DOCUMENTATION: The City of Peekskill projected it would receive $126,000 in local sales tax revenue from cannabis dispensaries. This figure is expected to grow to more than $170,000 annually once five dispensaries are fully operational.
City of Peekskill NY (.gov)

Despite initial projections from early state proposals hinting that a single dispensary could bring in up to $460,000 annually, the actual revenue flowing into the city's coffers has been much more modest. Under New York State law, a 13% tax is imposed on retail cannabis sales. Of that, 3% goes directly to the local municipality (the city, town, or village) hosting the dispensary.
Peekskill Herald 

The realistic breakdown of Peekskill's cannabis tax revenue reveals why local officials have raised questions about a revenue deficit relative to the number of shops opening
Peekskill Herald

Initial Collections: In the first quarter of 2025, Peekskill pulled in just $28,000 in sales tax from its first two open dispensaries.
City of Peekskill NY (.gov)

Oversaturation Concerns: The modest tax returns have sparked local debate. City council members noted that with a population of roughly 26,000, having five dispensaries creates a ratio of about one shop per 5,000 residents. This has raised concerns about market oversaturation and lower-than-expected revenue per store.
Peekskill Herald

The Illegal Market Impact: Throughout New York, local tax collections have lagged behind the rapid pace of dispensary openings due to heavy competition from the illicit market, which continues to divert business away from legal, tax-paying storefronts.

You can track Peekskill's local financial updates and upcoming council discussions on the City of Peekskill Official Website or read regional reporting on the rollout via the Peekskill Herald.

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