A total of 903 applicants are seeking to open regulated adult-use marijuana stores in New York.
The state Office of Cannabis Management released that information after Monday’s application deadline passed.
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Competition is stiff for retail licenses, with only 150 available, according to the Associated Press.
Regulators have not shared when they will announce the winning bids.
But regulators have committed to prioritizing those who:
Demonstrate business acumen. Have been convicted of a cannabis-related offense or are related to someone who has.
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State-licensed sales in New York could begin as early as late 2022 or early 2023.
Some Native American tribes not subject to New York laws have begun launching adult-use programs.
Read full article on Marijuana Business Daily
