In July, New York's cannabis sales surpassed $331 million, bringing year-to-date sales to nearly $500 million. The state now has over 156 adult-use dispensaries, establishing itself as a national leader in cannabis retail. Advancing the Regulatory Framework The New York State Cannabis C...
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Applicants for a license must have a “significant presence in New York state, either individually or by having a principal corporate location in the state; is incorporated or otherwise organized under the laws of this state; or a majority of the ownership ...
The state will organize submissions by license type and then divide each license type into a pool for general applicants and a pool for social and economic equity applicants, according to Neil Kaufman, an attorney who works with cannabis businesses. Retail applicants will also be divided between t...