Most Capital Region dispensaries are first-time businesses. Silver Cannabis Company is different. It is the New York name used by Silver Therapeutics, a cannabis retailer that already operated stores in Massachusetts, Maine, and Vermont before it came to Albany. The Albany store at 10 Executive Park Drive opened to the public in March 2025, held its official ribbon cutting on April 17, and celebrated a grand opening on April 18, 2025, just ahead of 4/20.
A homecoming for the founders
Co-founder Joshua Silver grew up in the Albany area, spent summers in Bolton Landing on Lake George, and now lives in Saratoga Springs, according to coverage of the company's openings. Silver Therapeutics opened its first store in Williamstown, Massachusetts, in 2019, about an hour's drive from Albany. Co-founder and COO Brendan McKee said at the time of the Albany launch that Capital Region residents had been driving to Williamstown daily, and that reconnecting with those customers in their own city was "a dream come true."
Albany was described as the company's second New York dispensary and its eighth location overall. A third New York store, in the Lake George Outlets on Route 9, followed in June 2025.
The company's New England stores give useful context. Its Williamstown store, in the Berkshires, was one of the first in that corner of Massachusetts, and a second Massachusetts store opened in the town of Orange in 2020, according to the Athol Daily News. The company also operates in Maine and Vermont. That multi-state experience shows up in the details shoppers notice, such as tax-included pricing and staged grand-opening events, and it separates Silver from Albany shops opening their first and only location.
How the license works
New York does not allow out-of-state multi-state operators to simply buy their way into adult-use retail, and that shapes how this store is set up. In the Office of Cannabis Management's records, the Albany license is a Conditional Adult-Use Retail Dispensary (CAURD) license, OCM-CAURD-25-000228, held by Excelsior Cannabis, Inc., doing business as Silver Cannabis Company. CAURD licenses are reserved for justice-involved applicants and qualifying nonprofits, and OCM lists Joshua Silver as the primary contact. The Lake George store follows a similar pattern, operating under a standard retail license held by a local license holder. Shoppers will not notice any of this at the counter, but it explains why the branding and the name on the license differ.
A familiar address on Executive Park Drive
Long-time Albany medical patients may know the address already. Silver Cannabis Company took over a space that was previously a VeriLife medical dispensary, one of the Capital Region's early medical-program locations. Executive Park Drive is an office-park address in the 12203 ZIP code on Albany's western side, and the store's Leafly listing says it serves shoppers from Rensselaer, Glenmont, and Troy as well as the city. Most people will drive, and an office park generally means easier parking than downtown storefronts.
Hours, payment, and service
The hours filed with OCM are 9 a.m. to 9 p.m. Monday through Saturday and noon to 7 p.m. on Sunday. Third-party listings have shown slightly longer weekend hours, so call (518) 977-3770 if you are planning an early or late visit. Leafly lists cash and debit as accepted payment, and reviewers specifically appreciated tax-inclusive pricing, meaning the shelf price is what you pay at the register.
The selection and the "curator" pitch
The company calls itself a group of "cannabis curators," and its Albany listing covers flower, pre-rolls, cartridges, concentrates, edibles, tinctures, topicals, and CBD. At the grand opening, partner brands Grön, Ayrloom, and MyHi supplied beverages. Those are all names in New York's growing edibles and drinks category, and our explainer on THC drinks, New York's fastest-growing cannabis category covers that shelf in more detail. The grand opening also featured a DJ, food from Mission BBQ, live painting, and a charity drive for food and clothing, an early sign of the company's community-events approach. The Lake George store, for example, sponsors local karaoke nights and brewery events. Grön and Ayrloom products sold in New York are made by state-licensed producers and are widely stocked, so they are good benchmarks for comparing prices across Albany shops.
Early reviews
Silver Cannabis Company's Albany review footprint is still small. On Leafly, it averages about 4.5 stars from a handful of reviews. Positive comments mention a good gummy selection, helpful staff, a calm atmosphere, quick checkout, and the tax-included pricing. The main complaint involved an order where the wrong item was substituted and the customer was unhappy with how it was resolved. One review proves little, but it is a reasonable reminder to check your bag before leaving any dispensary.
A practical tip on the medical history of the address: New York's medical program and its adult-use program are separate. Medical patients certified under the state program can still buy from registered organizations that hold medical licenses, which can carry different products and pricing than adult-use stores. Silver's Albany store is an adult-use dispensary, so certified patients who relied on the old VeriLife location should check whether a medical dispensary nearby better suits their needs. Adult-use shoppers only need a valid ID showing they are 21 or older.
Where it fits in the Capital Region
Albany has a crowded field. Capital District Cannabis & Wellness, on Central Avenue, opened in December 2023 as one of the city's first adult-use stores. Brownies at 1686 Central Ave. and Capital Cannabis at 2028 Western Ave. also serve the western side of the city. Compared with those shops, Silver brings experience from operating in several states, a more polished retail approach, and policies like tax-inclusive pricing. Shoppers who want a small owner-operated shop with a single storefront may prefer one of the CAURD stores run by their founders.
The timing of Silver's arrival also matters. OCM data shows a first wave of Capital Region openings between December 2023 and mid-2024, including Capital District Cannabis & Wellness, Legacy Dispensary and 7 Point Dispensary (both in February 2024), Brownies, and Mr Good Vybz on North Pearl Street downtown. By the time Silver opened in spring 2025, Albany shoppers already had plenty of choices, so the company is competing on experience and consistency rather than novelty. More stores have opened since, including Cannabicity Albany on Delaware Avenue in December 2025, with extended hours.
See our guide to the best dispensaries in Albany and the Capital Region for the full lineup, compare current promotions on High Today's deals page, and if you are heading north this fall, our Croptober guide covers what to look for in fresh-harvest flower.