New York

New York approved medical access to cannabis in 2016 and adult-use through the legislative process in 2021. The first adult-use licenses were issued in 2022.
Legalization Dates:New York passed the Compassionate Care Act in 2014, making New York the 23rd state, along with the District of Columbia, to allow the legal use of medical cannabis in some form. Adult-use was legalized on March 31, 2021 under Governor Andrew Cuomo.

Regulatory Bodies & Legislation:New York State Office of Cannabis ManagementAxel Bernabe, Chief of Staff & Senior Policy Director, John Kagia, Director of Policy
New York Cannabis Control Board
Marihuana Regulation and Taxation Act (MRTA)
Licensing Model:Medical – 10 registered operators, mostly multi-state operators (MSOs) (5 initial licensees, 5 more awarded later)
Adult-Use – Cultivator, Processing and Dispensary Licenses. 52 provisional recreational cultivation licenses were issued as of April 2022. 36 dispensary licenses were issued on Nov 21, 2022 (28 to for-profits, 8 to non-profits).
Example Firms: Medical license holders include Columbia Care, Cresco, Curaleaf, Green Thumb Industries, The Botanist and Acreage NY, iAnthus, Pharmacann, Ascend Wellness, and Vireo Health.
Industry Associations:New York Medical Cannabis Industry Association (NYMCIA)
Cannabis Association of New York (merger of New York Cannabis Growers and Cannabis Association of New York)
New York State Cannabis Association of Minority and Women Professionals (NYSCAMWP)
ArticlesN.Y. hands out first recreational weed dispensary licenses, most going to people with marijuana arrests (Nov 22, 2022)
New York has $750m worth of cannabis stockpiled that growers can’t sell (Nov 19, 2022)
NY court rules $600 million lawsuit against Acreage Holdings can proceed (May 3, 2022)
As of November 21, 2022
%d bloggers like this: