New York –– AUGUST 2022 Cannabinoid Monthly Playbook

New York Cannabis News, 8th Revolution

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New York Cannabis News, 8th Revolution

Officials have released a new set of recreational cannabis regulations in preparation for the emerging market. At a July meeting, the Cannabis Control Board approved the retail establishment license application form and its related rules. The initial round of licensing will be open only to certain social equity applicants (those that have been convicted of a cannabis crime or have a convicted family member) beginning in August. This provision means multistate operators will have to wait for a foothold in New York’s burgeoning cannabis scene. With over 220 cultivators permitted thus far, regulators expect recreational sales to begin later this year.

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