New York Governor Hu Chu announced yesterday that he will open a new batch of hundreds of marijuana cultivation and sales licenses to expand the legal duration of marijuana. At the same time, further ironclad measures will be taken to crack down on illegal marijuana, including inviting state departments such as the Labor Department to intervene in law enforcement and protect the rights and interests of employees of marijuana merchants.
This new license application is the largest expansion plan of the legal cannabis market in New York since the legalization of marijuana. The state capital will open hundreds of new licenses to individuals and businesses interested in the legal cultivation, processing, distribution, and retail of marijuana.
The application has been open since yesterday and will last for two months. The state marijuana management office and marijuana control committee will be responsible for reviewing the application, and the license will be issued starting in early 2024.
During the application opening stage, marijuana enterprises that currently operate adult conditional cultivation and processing can also apply to convert their licenses into complete unconditional licenses.
For entrepreneurs who have been waiting for the opportunity to join this important market, this is an important moment.
We are building the world's largest and fairest cannabis market, and opening up new application windows means expanding opportunities, "said Chris Alexander, Executive Director of the New York State Cannabis Management Office (OCM).
The Marijuana Management and Taxation Act (MRTA) establishes licensing priority for applicants for Social and Economic Equity (SEE), defined as "communities disproportionately affected by past ban enforcement (CDI), businesses owned by ethnic minorities and women, struggling farmers, and disabled veterans".
All SEE applicants will receive priority in license review, a 50% reduction in application and licensing fees, and are eligible for application support and technical training through the Cannabis Center and Incubator Program, which will be launched later this autumn.
So far, the state has only issued Conditional Adult Use Retail Pharmacy Licenses (CAURD) to "judicial related individuals" who are entrepreneurs with a criminal record related to marijuana.
In addition to opening up general license applications, the currently operating "adult conditional cultivators and processors" will also be able to apply for complete and unconditional licenses.
뉴욕주는 공정하고, 경쟁적이며, 다양한 대마초 산업을 확립하기 위한 노력을 확고히 하고 있습니다.
오늘, 우리의 신청 창이 열리는 날은 공정하고 편리한 뉴욕 대마초 시장에 대한 우리의 비전을 실현하는 데 있어 중요한 진전입니다. 뉴욕주 대마초 규제 위원회(New York State Cannabis Regulatory Commission) 의장인 Tremaine Wright는 주지사의 리더십 하에 모든 허가받은 마리화나 회사가 실질적인 경쟁 기회를 가질 수 있도록 강력한 규칙과 보호 조치를 도입했다고
말했습니다.