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ARTICLE · 14 OCTOBER 2022

An Update On New York's Conditional Adult-Use Licensing Process

Duane Morris LLP
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The state has two categories for CAURD licenses, which both have slightly different criteria. Up to 150 of these licenses will be issued to qualifying businesses, and 25 to nonprofits.

United StatesCannabis & Hemp
Duane Morris
Duane Morris
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New York State legalized adult-use cannabis in March 2021 through passage of the Marihuana Regulation and Taxation Act (the "Act"), and the state is currently processing its first applications for retail dispensaries. The Act established the New York Office of Cannabis Management (the "OCM"), which is responsible for promulgating regulations under the Act as well as issuing licenses to participants in both adult-use and medical cannabis markets. Through the OCM, New York began issuing licenses for cannabis cultivation in April, and for processing – converting plants grown in the state to usable products such as edibles and vape oils – in August. Approximately 240 conditional cultivation licenses have been granted, and 15 conditional processor licenses.

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Disclaimer: This Alert has been prepared and published for informational purposes only and is not offered, nor should be construed, as legal advice. For more information, please see the firm's full disclaimer.

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