A settlement between New York cannabis regulators and a Michigan plaintiff will finally open up retail licensing in the state’s Finger Lakes region.
The five-member Cannabis Control Board this week unanimously approved the agreement with Michigan-based Variscite NY One, according to The (Syracuse) Post-Standard’s NY Cannabis Insider.
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Variscite had filed a lawsuit in November seeking an injunction against the state after unsuccessfully applying for licenses in five regions.
A federal judge granted the company a temporary restraining order which blocked the issuance of licenses for months in the Finger Lakes, as well as Brooklyn, Central New York, Mid-Hudson and Western New York.
In late March, a federal judge halted the injunction in four regions, but left the temporary restraining order in force in the Finger Lakes, where Michigan resident Kenneth Gay sued the state Office of Cannabis Management (OCM) on behalf of his marijuana company, Variscite.
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