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New York State to Grant Up to 1,445 New Marijuana Business Licenses

New York state authorities will give up to 1,445 new licenses for business of marijuana during the coming weeks, in an attempt to stimulate the legal cannabis industry, local media Gothamist reports today.

Las licenses will be granted to sellers, but also to producers the microbusiness who have had problems entering the mercado due to the multiple bureaucratic and legal problems that have followed the legalization, in 2021, of recreational use of marijuana in the state.

At the end of 2022 the first one would open store legal for the sale of recreational marijuana in NY. Since then, barely 40 business They remain open statewide, according to data from the Office of Cannabis Management.

State authorities expected to have about 150 open business for the end of this year.

And many dispensaries Legal cannabis cannot compete with the mercado illegal marijuana operations, which are sometimes almost indistinguishable from licensed operations.

With the new licensesthe authorities want to give priority to business who already have rented or owned premises. It will begin to grant them from January or February.

In November, the newspaper The New York Times reported an excess of reservations of more than 270,000 kilos of cannabis that were languishing in warehouses due to delays in the opening of stores legal, many stuck in judicial or bureaucratic processes.

2023-12-26 18:15:00
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