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Home»Legal & Policy»New York Cannabis: The Timing Update Update
Legal & Policy

New York Cannabis: The Timing Update Update

March 28, 2023No Comments3 Mins Read
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Just a few weeks again we supplied an update on the timing of New York’s Workplace of Hashish Administration (OCM) and Hashish Management Board (CCB) opening the overall adult-use hashish licensing portal, with an anticipated begin of utility evaluation within the fall of 2023. We primarily based our estimate on the OCM and CCB’s evaluation of the general public feedback that had been submitted with respect to the proposed adult-use hashish guidelines and rules. Properly, on March 22, 2023, Inexperienced Market Report (through John Schroyer) launched a complete and wide-ranging interview with OCM’s Chief and Employees and Senior Coverage Director Axel Bernabe, wherein Bernabe confirmed that the OCM anticipates opening the portal within the fall of 2023.

Right here’s the related query and reply:

“What’s the timeframe for when New York business rules will probably be finalized and accomplished? 

The rules that we filed for public remark, we’re actually making an attempt to get them accomplished by our Might 11 board assembly. If we get it accomplished by then, we should always be capable to file last regs by the tip of August. Then we are able to begin opening the overall utility interval inside a pair months of that.

These are all tentative dates, however within the fall, after Labor Day, that’s after we can begin to award extra dispensaries.

Nevertheless it’s not like we’re going be capable to evaluation a thousand (candidates) as a result of we’re additionally having to evaluation the growers and the distributors and all these different licenses (concurrently). That’s the largest impediment, is simply the time it takes to evaluation everyone.

It permits for a phased rollout to a sure extent, so we don’t have a thousand individuals all searching for dispensaries on the identical time. We’ve got like 100, after which one other 100, after which a pair months later, one other 100. Then you definately don’t have 500 individuals descending on a county and all scrambling and combating for area and bidding up the value.”

Schroyer and Bernabe cowl loads of vital subjects all through the interview and we strongly encourage anybody taken with making use of for an adult-use hashish license in New York to learn the entire thing. Even on this single reply, there’s loads to unpack:

  • We will (hopefully) anticipate to see the ultimate adult-use guidelines and rules by Might 11, 2023, which supplies a cushty runway for compiling the excellent utility supplies.
  • Software evaluation will doubtless be rolling, which signifies that functions will probably be reviewed as they arrive in (one thing we already knew, however is now confirmed).
  • Purposes for various license sorts will doubtless be reviewed on the identical time.

It’s attention-grabbing to notice that Schroyer’s interview of Bernabe was launched only a week after the lawsuit demanding that the OCM and CCB instantly open the appliance portal. We’ll see if or how that litigation impacts the OCM and CCB’s plans, however a minimum of we now have a possible outdoors date for New York’s adult-use hashish license utility portal to open. Keep tuned!

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