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Benzinga
Benzinga
Business
Joana Scopel

New York Update: Cannabis Retail License Approvals, Timeline, Criticism Of New Commercial Guidance

On Thursday, Axel Bernabe of the New York's Office of Cannabis Management (OCM) told a Business of Cannabis conference in New York City, that the first adult-use cannabis retailer licenses “could be approved in about two weeks.” He referred to plans for an upcoming Cannabis Control Board (CCB) meeting, expected to meet on November 21 when the first set of Conditional Adult Use Retail Dispensary (CAURD) licenses could be approved.

Despite regulators having said on several occasions that they’re on track to have recreational weed storefronts open by the end of the year, Bernabe was more specific about the timeline, saying the state is in a “position” to meet that purpose,  reported Marijuana Moment.

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