With New York state regulators set to begin accepting applications for the state’s first adult-use retailer licenses this week, the mayor of New York City on Monday announced the launch of a new program to promote cannabis industry equity by supporting entrepreneurs most impacted by the drug war.
People who have been directly harmed by cannabis criminalization will be first in line to obtain conditional adult-use retailer licenses, with an online application portal for justice-involved people opening on Thursday.
At a press conference at Medgar Evers College, Mayor Eric Adams (D) announced the launch of Cannabis NYC, which is being established under the city’s Department of Small Business Services (SBS) to help “light up our economy.” The effort aims to initially help would-be dispensary operators complete the licensing application process, but is also promising to provide “support beyond the license” by connecting “aspiring cannabis entrepreneurs to no-cost services, along with technical assistance, to support successful businesses,” a press release says.
“Cannabis NYC will plant the seeds for the economy of tomorrow by helping New Yorkers apply for licenses and understand how to open and successfully run a business, while simultaneously rolling equity into our economy by giving
Read full article on Marijuana Moment
