Under New York's new marijuana legalization law, recreational dispensaries should be up and running by summer 2023.Under New York's new marijuana legalization law, recreational dispensaries should be up and running by summer 2023.New York legalized marijuana for recreational use last March with a law designed to carve out space for small businesses and people from diverse backgrounds.
Regulations for the state’s marijuana startups will be issued by the Cannabis Control Board “this winter or early spring,” Wright said. But she urged people to start familiarizing themselves with the types of licenses that will be available and drafting their business plans. “I don't anticipate recreational marijuana being that low,” said Wright, but she added, “We are very deliberate that we do not have astronomical pricing because we want this to be an equitable program.”notes, however, that fees should be reduced or waived for “social and economic equity” applicants.In other states, and in New York’s own medical market, legal marijuana hasby companies helmed by white men with access to wealthy investors.
How will the Office of Cannabis Management protect so-called “legacy” applicants who previously sold in the underground market? Will they have to show how they raised capital?
The sun will come out tomorrow tomorrow
seems like a big IF and that’s still 1.5 years away
Lessee. It's Jan., 2022. So they're saying 18 months? That's, like, 17 more than any civilized area of the country would take. And, of course, this isn't just a problem with 'pot'. Just about all businesses face garbage like this. So, ManhattanInst _THIS_ is a real issue.
Another year and half? That’s ridiculous. We already have dispensaries.
Which leads to question 0: Why is there even a 'Cannabis Control Board' with restrictive licensing, etc.?