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Turning Over A New Leaf In New York? Cannabis Dispensaries Await Movement After Crucial Lawsuit Settlement
Monday, November 27, 2023 - 7:18pm | 694The New York State Cannabis Control Board (CCB) achieved a critical breakthrough in overcoming a legal impasse obstructing the establishment of numerous cannabis dispensaries in the state. What Happened: In a unanimous decision during Monday's meeting, the board endorsed a settlement agreement...
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NY Paves Way For Easier Cannabis Banking With Newly Signed Bill
Wednesday, November 22, 2023 - 3:08pm | 491New York State has taken a significant step towards easing the banking challenges faced by the cannabis industry with the passing of Senate Bill S1047. Sponsored by state Senator Jeremy Cooney (D-Rochester), the bill addresses critical banking issues for cannabis businesses. Facilitating Financial...
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How Will NY's Cannabis Rules Impact MSO Market Share In The State? Analyst Shares Industry Update
Monday, November 21, 2022 - 6:07pm | 1051On Monday, New York’s Cannabis Control Board (CCB) awarded 28 conditional cultivator licenses. More importantly, the Board announced the winners of the first retail licenses, social equity applicants and non-profit entities involved in social justice efforts. While social...
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New York's First Legal Cannabis Dispensaries Coming Soon, Red Tape Getting Shorter
Thursday, July 14, 2022 - 2:24pm | 431The New York State Cannabis Control Board advanced the so-called Seeding Opportunity Initiative by approving the final regulations for Conditional Adult-use Retail Dispensary (CAURD) licenses, the key to get the ball rolling. The resolution that passed Thursday approves the application...