The day after the shockwave of a state judge’s pronouncement, that he wouldn’t bend to allow any leeway to his mandate ceasing a program intended to award the inaugural cannabis retail permits to those scarred by marijuana bans, New York’s regulators decided to roll the dice. In a stunning pivot, they pressed on with their grand plan to unveil the licensure floodgates for all.
NY Marijuana License Opening : Licensing Window on the Horizon
Scheduled to commence on October 4th, the 60-day timeframe to snap up a license for budding entrepreneurs in cannabis cultivation, distribution, processing, and retail, is causing quite a buzz. Those business visionaries who’ve locked down their sites stand on the brink of a swift review of their applications, the Cannabis Control Board elucidated in a riveting meeting.
The Essence of SEE: A Step towards Restorative Justice
Enshrined in the 2021 Marihuana Regulation and Taxation Act, which painted New York green by legalizing marijuana, is an ambitious aim: ensuring half of all cannabis business permits go to the Social and Economic Equity (SEE) applicants. Like warriors on a battlefield, these applicants must either hail from areas battered by disproportionate drug law enforcement or wear the badges of being women-led, minority-led, or operated by service-disabled war heroes.
