New York regulators on Monday approved settlement agreements in two lawsuits that have contributed to the tortuous rollout of legal adult-use cannabis sales in the state.
Details of Monday’s approvals were not immediately available.
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The Office of Cannabis Management (OCM) did not immediately respond to an MJBizDaily request for comment.
The settlements – reached earlier this month – must now be approved by a state judge before an injunction blocking the issuance of adult-use licenses in New York is lifted.
During an emergency Cannabis Control Board meeting Monday, board members voted unanimously to approve settlement agreements in two lawsuits:
The August lawsuit led to a judge imposing an injunction that halted more than 400 retail permit applications.
In the meantime, regulators opened the licensing process to both MSOs who hold medical permits as well as applicants who did not meet initial criteria for a Conditional
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