New York Regulators Approve First Round Of Marijuana Cultivation Licenses

CEO – MARKETING/SALES

New York Regulators approve first round of marijuana cultivation licenses! This is very exciting as NY put our farmers first. Just to clarify- we did not qualify for this conditional licensing round. In order to be eligible for these conditional licenses, you have to have been growing hemp in NYS for the past 2 years. There are limitations with these licenses, but it’s great to know we’re getting closer. We’ll be applying near the end of the year with others who did not qualify for this conditional round.

New York regulators on Thursday voted to grant conditional marijuana cultivation licenses to a number of hemp businesses as one of the first steps toward ensuring an adequate supply of cannabis when the state’s adult-use market launches later this year.

And separately, the Cannabis Control Board (CCB) approved revised regulations to allow medical marijuana patients to grow their own plants for personal use following a public comment period on initial rules that were proposed last year.

It’s been about a year since an adult-use legalization bill was enacted into law, and regulators have spent months preparing for implementation. At CCB’s meeting on Thursday, members approved 52 conditional cultivation licenses. More than 150 applications had been submitted, and remaining applicants will continue to be reviewed on a rolling basis.

Gov. Kathy Hochul (D) signed a bill from Assembly Majority Leader Crystal Peoples-Stokes (D) and Sen. Michelle Hinchey (D) to create conditional licenses in February. The intent is to allow existing hemp operators to get a head start on growing marijuana to meet demand for the forthcoming industry.

“New York’s farms have been the backbone of our state’s economy since before the American Revolution, and now, New York’s farms will be at the center of the most equitable cannabis industry in the nation,” Hochul said in a press release on Thursday. “I’m proud to announce the first adult-use cannabis cultivation licenses in the state, and I’m proud of the work the Office of Cannabis Management and the Cannabis Control Board are doing to get adult-use cannabis sales up and running as fast as possible without compromising our mission to uplift communities and individuals most impacted by the past century of cannabis prohibition.”

https://www.marijuanamoment.net/new-york-regulators-approve-first-round-of-marijuana-cultivation-licenses-and-revise-medical-cannabis-home-grow-rules/

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