New York regulators on Monday awarded 15 licenses for adult-use cannabis processors, a key step in the path to the launch of legal recreational marijuana sales slated for later this year. New York’s Cannabis Control Board issued the licenses to businesses already licensed as cannabinoid hemp processors, giving the businesses the opportunity to function as an integral facet of the state’s fledgling regulated marijuana industry.
“Processors aren’t just an important part of the cannabis supply chain, they are creators, who take a raw plant and transform it into tested, consistent, high-quality products that consumers can trust,” Tremaine Wright, chair of
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