New York’s beleaguered adult-use cannabis industry has been dealt yet another legal setback this week as a Federal court ruled that its licensing procedure is unconstitutional, just days after the state’s regulator conceded a major oversight threatening dozens of licensees.
This Nov 3rd, join us for the third edition of Business of Cannabis: New York at The Williamsburg Hotel.
This Nov 3rd, join us for the third edition of Business of Cannabis: New York at The Williamsburg Hotel.
New York has seen its cannabis licensing process draw to a complete halt after a temporary injunction was implemented on New York’s Conditional Adult-Use Retail Dispensary (CAURD) scheme.
New York’s ongoing rocky road to the rollout of its adult-use cannabis market took another turn this week.
Cannabis retail licensing in New York has been temporarily halted as ordered by Judge Kevin Bryant.
The first adult-use cannabis dispensary to open in New York has seen $12 million in sales in its first six months of operation.
New York Governor Kathy Hochul has announced that Chicago Atlantic Admin is investing up to $150 million in the New York State Cannabis Social Equity Investment Fund.
