Throughout New York’s Hashish Advisory Board’s assembly on September 26, 2023, the Workplace of Hashish Administration’s (OCM) Govt Director Christopher Alexander revealed that the OCM anticipated issuing “over a thousand, nearer to 1,500 licenses” as a part of the preliminary licensing window that’s at present scheduled to open on October 4, 2023. As referenced on this complete abstract from John Schoyer of the Green Market Report, the OCM had beforehand disclosed that the OCM finally envisions a market with no less than 2,000 retailers and 800 growers.
Govt Director Alexander’s announcement didn’t present any perception into how the OCM plans on allocating licenses among the many license varieties that can be accessible throughout the preliminary utility window. Nor did it point out whether or not there can be any kind of geographic allocations in the identical approach that the Conditional Grownup-Use Retail Dispensary licenses have been restricted by area.
From an utility perspective, it’s most fascinating (or, extra appropriately, alarming), that the OCM’s announcement reiterated the October 4, 2023 utility opening date. Though Govt Director Alexander acknowledged that there can be a steering doc Up to date within the coming days, no such steering doc has been Up to date thus far. It’s troublesome to grasp the doubling down of an utility begin date with a lot within the air and so little time, however, nicely, right here we’re.
As we overtly begged in our latest plea to the OCM, candidates are nonetheless lacking needed utility kinds and essential steering for potential candidates. We guess we’ll simply should see what occurs with New York hashish licensing as we get ever nearer to October 4, 2023. Keep tuned.