An extra 74 hashish retail licenses have been granted by New York’s Hashish Management Board (CCB), regardless of mounting authorized motion slowing the licensing progress.
Throughout its newest assembly, held on Friday, February 14, the regulator additionally granted the Workplace for Hashish Administration (OCM) subpoena powers and launched a brand new Commerce Follow Bureau in contemporary efforts to crack down on unlicensed sellers.
Extra controversially, a brand new Public Comfort and Benefit (PCA) proposal was superior, aiming to change zoning restrictions that govern how shut dispensaries will be positioned to 1 one other.
Of the 74 new retail adult-use licenses granted final week, 39 have been for processors, 16 have been for retailers, 10 have been for microbusinesses, six have been for distributors, and three have been for conditional retailers.
In keeping with the OCM, the state has now issued greater than 240 remaining conditional adult-use retail dispensary (CAURD) licensees, whereas an additional 300 licensees are persevering with to seek for viable retail places.
The #NYCCB has authorised 74 adult-use licenses. For an in depth breakdown of license distribution, please see under.
The Workplace is actively reviewing and issuing extra adult-use licenses on a rolling foundation. pic.twitter.com/v7nxZBDos1
— NYS Workplace of Hashish Administration (@nys_cannabis) February 14, 2025
As for the meaty backlog of purposes awaiting approval, 2000 have been reportedly reviewed from the November 2023 queue, with an additional 5000 purposes pending within the December queue.
The newly established Commerce Follow Bureau shall be tasked with investigating predatory lending within the trade, licence stacking, and product diversions.
Elsewhere, the brand new PCA proposal would search to cut back the minimal buffer zone between dispensaries from 1000 to 500 ft in cities with over 20,000 residents, and from 2000 to 1000 ft in smaller cities.
Companies may even be required to show an financial profit earlier than a PCA approval is granted, whereas waivers for hardship circumstances shall be allowed.
The development of this invoice proved controversial and was handed with a slim margin.
A forty five-day public remark interval will now get underway, with heated responses from critics cautioning that present license holders are already struggling towards unlawful operators are anticipated.
