Tag: CBT > New York Seeding Opportunity Initiative: Page 3

New York

New York Cannabis Program Lands $150 Million Investment for CAURD Licensees

The private investment from Chicago Atlantic—for the state’s social equity operators—comes more than a year since Gov. Kathy Hochul proposed the fund.

July 3, 2023

New York

Diverse Members of Cannabis Community in New York to Rally, Demand Immediate Opening for All Adult-Use Retail Applicants

The rally will include faith leaders, justice involved licensees and applicants, and New Yorkers impacted by the drug war. They will call on the governor to act.

June 27, 2023

Industry Headlines

New York Officials Issue First Adult-Use Cannabis Retail Licenses in Finger Lakes Region

The Cannabis Control Board approved 36 Conditional Adult-Use Retail Dispensary licenses June 15, including seven in the Finger Lakes region, which was previously blocked from receiving licenses through a court order.

June 16, 2023

New York

‘The Lost Year’: New York’s Adult-Use Cannabis Industry Grapples With Sluggish Rollout

With 13 state-licensed retailers operational, cultivators are struggling to sell their surplus of adult-use cannabis products.

June 14, 2023

New York

Settlement Allows New York Regulators to Issue Dispensary Licenses in Area Previously Blocked by Injunction

A federal lawsuit had barred the Cannabis Control Board from awarding cannabis retail licenses in the Finger Lakes region.

May 31, 2023

Rhode Island

New York Cannabis Sales Hiding in Shadows of Connecticut, Missouri, Rhode Island, Vermont (and Illicit Market)

Despite 19.5 million residents, the Empire State is falling behind its legalization peers that recently launched adult-use sales.

May 24, 2023

New York

New York’s Medical Cannabis Operators Could Switch to Adult Use by Year’s End

Under a revised regulations proposal, a one-time special licensing fee of $20 million would apply for medical licensees to enter the adult-use retail market.

May 11, 2023

New York

New York Governor Signs Legislation to Crack Down on Illicit Cannabis Market as Part of State Budget

The Office of Cannabis Management can now seize product and seek injunctions to close illicit shops, and the Department of Taxation and Finance can issue fines of up to $20,000 per day.

May 8, 2023

New York

New York Officials Issue 99 Additional Adult-Use Dispensary Licenses

Thirteen of the Conditional Adult-Use Retail Dispensary licenses went to applicants in regions that were previously blocked from receiving licenses due to litigation.

April 5, 2023

New York

4 New York Regions No Longer Under Injunction Blocking Cannabis Retail Licenses

Finger Lakes remains the only region tied up in a lawsuit filed last year by a Michigan-based license applicant.

March 29, 2023

New York

New York Gov. Kathy Hochul Announces Opening of Adult-Use Cannabis Dispensary in Ithaca

A justice-impacted licensee is to open the newest dispensary outside of New York City.

March 16, 2023

New York

New York Officials Double the Number of Adult-Use Dispensary Licenses Issued in First Licensing Round

The state will now issue 300 retail licenses to nonprofit organizations and individuals with a personal or family history of cannabis-related convictions.

March 3, 2023