On November 15, 2022, New York’s Cannabis Control Board (CCB) announced a significant CCB meeting that is scheduled to be held in-person and virtually on November 21, 2022. The rumor was that the full set of licensing rules and regulations would be released at the meeting. On November 17, 2022, the Office of Cannabis Management (OCM) issued a “preview” that confirms that almost all of the adult-use rules and regulations will be released at least 24 hours before the CCB meeting.
We will obviously be providing comprehensive summaries for each license type, but the preview actually includes pretty significant information that lots of applicants have been waiting for. One significant note: the rules and regulations that will be released are proposed and are subject to a 60 day public comment period. Realistically, the license application process won’t start until Spring of 2023.
Here are the big takeaways from the preview, broken down by license type:
Cultivation License The regulations create 5 tiers of cultivation licenses that are differentiated by light source. The allotted square footage per license ranges from 5,000 – 100,000 square feet. The regulations incentivize sustainable cultivation practices and limited energy utilization including outdoor cultivation. Processing
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