New York regulators have approved another 74 licenses for adult-use cannabis businesses.
But there’s even better news for anyone who submitted an application in November 2023: The state’s Office of Cannabis Management (OCM) reported that only “about 150 applications” from that window remain to be reviewed, officials said Friday.
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Of the recreational marijuana licenses issued Friday by the state Cannabis Control Board:
6 went to distributors. 10 to microbusinesses. 39 to processors. 16 to retailers.
Another three Conditional Adult-Use Retail Dispensaries (CAURD) licensees also received final approval.
There are now 1,510 licensed cannabis businesses in New York State, though not every licensed entity is open for business.
As of Monday, there are 307 legal marijuana stores operating throughout the state,
Read full article on Marijuana Business Daily
