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ARTICLE · 16 AUGUST 2022

Cannabis Control Board Approves First Adult-Use Processor Licenses

Foley Hoag LLP
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The New York State Cannabis Control Board ("CCB") approved 15 Adult-Use Conditional Processor ("AUCP") licenses during its public meeting today, adding a key link in the state's budding...

United StatesCannabis & Hemp
Foley Hoag LLP
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The New York State Cannabis Control Board ("CCB") approved 15 Adult-Use Conditional Processor ("AUCP") licenses during its public meeting today, adding a key link in the state's budding adult-use cannabis supply chain. Pursuant to the legislation signed by Governor Hochul in February, which we wrote about here, processors who hold a Cannabinoid Hemp Processor license from the Office of Cannabis Management ("OCM") qualify to apply for the adult-use conditional processor license. To be eligible to apply for a conditional adult-use processor license, a processor must:

  • Have applied for a cannabinoid hemp processor license before January 1, 2022;
  • Hold an active cannabinoid hemp processor license issued by the OCM; and

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