Earlier this month, New York Governor Kathy Hochul announced that the New York Cannabis Control Board had approved 52 adult-use Cannabis Conditional Cultivator Licenses across the state. These are the first adult-use cannabis licenses granted.
The move allowed New York's hemp growers to supply the state's adult-use cannabis industry, slated to launch later in 2022. In addition, over 150 requests were submitted to the Office of Cannabis Management (OCM) following the March 15 opening of the application portal.
The regulators also approved new draft regulations that would offer an initial round of conditional retail dispensary licenses, reserving the first batch for those convicted of a marijuana-related offense or whose parents, spouses, or children were convicted of an offense in New York State before March 31, 2021, when former Gov. Andrew Cuomo signed recreational marijuana into law.
Top Official Explains Conditional Retail Dispensary Licenses
During a public …