The Office of Cannabis Management’s (OCM) plan to double the number of conditional adult-use retail cannabis licenses (“CAURD” licenses) got some teeth yesterday when a federal court.
When many states, including New York, legalized marijuana, they established residency requirements to ensure state residents receive the financial benefits of legalization in their own.
Delays and uncertainty around New York’s legal cannabis market continue after a federal judge denied the state’s motion to dismiss or otherwise limit his Nov. 10 decision to block.
On December 29, 2022, over 18 months after cannabis became legal to sell in New York State, the first retail dispensary is scheduled to open. This begs the question – should it have taken this long?