The organizers are in New York Issued 99 new retail licenses for adult use of cannabis on Monday, including to applicants previously blocked due to an ongoing lawsuit that has left major markets like Brooklyn off limits to legal sales.
The state has now issued 165 conditional adult use retail dispensary (CUARD) licenses, a “broad expansion” facilitated by A recent ruling in a court case This still blocks retailers in one area of the state, said Tremaine Wright, president of the New York Cannabis Control Board, in a statement announcing the new permits.
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Fifty-three of the licenses approved Monday are for marijuana retailers in New York City, according to the Cannabis Control Board.
Nearly two years after New York legalized adult use of cannabis, the state’s estimated market value was $1.2 billion. appear slower than expected.
Last year, Governor Cathy Hochul and state regulators announced that The first 150 retail licenses in the state
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