Recommended content

New York Cannabis: State of the State 2023

A lot has happened in New York since the Canna Law Blog’s first New York State of the State. Last year was action-packed for the cannabis industry in New York. With licenses issued and sales starting in 2022, New York got the ball rolling on an actual and legal cannabis industry. We expect 2023 will see even more progress as we push towards New York having a fully functioning cannabis industry. Let’s take a look at the noteworthy developments of 2022 and what we expect to see in 2023.

Three big developments in 2022

1.  New York issued (conditional) adult-use cannabis licenses

A legal adult-use cannabis industry requires licenses to be issued. New York took that significant first step by issuing conditional cultivation, processing and retail dispensary licenses. While we encourage you to read our detailed breakdowns of the three license types, here’s a brief refresher on the specifics.

On April 14, 2022, the Cannabis Control Board (CCB) and Office of Cannabis Management (OCM) issued 52 conditional adult-use cultivation licenses. These licenses were limited to existing licensed (or almost licensed) hemp cultivators. The OCM continued to issue more conditional cultivation licenses after the first batch was announced, beginning the tangible

Read full article on HarrisBricken

Follow us on Instagram or join us on facebook page

Be first to rate

Harris Bricken
Source

More news