Recommended content

Predatory investors undermine intent of cannabis social equity in New York

(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.)

Kim Stetz (Courtesy photo)

We can all relate to that sinking feeling when we find out something isn’t aligned with how we understood it.

In September 2022, my partner (Marq Hayes) and I applied for a Conditional Adult-Use Recreational Dispensary (CAURD) license that would allow us to open a recreational cannabis store (Brown Budda) in New York state.

More than 900 other applicants also applied for the social equity CAURD licenses, an absurdly low turnout when you consider the number of arrests for marijuana-related incidents in the state.

Thirty-two of us in this first cohort were chosen to step into provisional status.

ADVERTISEMENT

Two-and-a-half years later, we

Read full article on Marijuana Business Daily

Follow us on Instagram or join us on facebook page

Be first to rate

Marijuana Business Daily
Source

More news