As we previously wrote, New York has seen several delays in its rollout of recreational cannabis licenses for the majority of the State's hopeful dispensary applicants. As a result of the delays, some adult-use conditional...more
As we previously wrote, unlicensed gray market cannabis shops have proliferated across New York State despite blatantly breaking New York's cannabis law. In an effort to increase the State's enforcement options against these...more
On Thursday, November 10, Judge Gary L. Sharpe of the U.S. District Court for the Northern District of New York, granted a preliminary injunction restraining the New York State Office of Cannabis Management (the OCM) from...more
On October 13, New York’s Office of Cannabis Management (OCM) announced the creation of the Cannabis Compliance Training and Mentorship Program (the Program), a mentorship program focused on educating and training New York’s...more
As we previously wrote, on June 8, 2022, the New York Office of Cannabis Management (OCM) proposed regulations governing the personal cultivation of medical cannabis (the Regulations) by certified medical cannabis patients or...more
Even though hopeful licensees outside the definition of “justice involved” are not yet able to apply for retail cannabis dispensary licenses, they should be paying close attention to developments related to conditional...more
Businesses looking to enter New York’s recreational cannabis industry should be pleased to know recent changes to state tax laws are slowly making the venture more financially feasible. Ever since New York passed the...more
Since New York’s Office of Cannabis Management (OCM) and Cannabis Control Board (CCB) issued and approved regulations regarding conditional retail dispensary licenses for the general public, businesses should start thinking...more
New York’s Marijuana Regulation and Taxation Act (the Act) not only legalized recreational cannabis possession and use for those 21 and older, but also sent a message across the U.S. that New York was going to focus a great...more
The Cannabis Control Board (the Board), the authority responsible for approving rules and regulations governing New York's cannabis industry, has approved revised regulations governing New York’s adult-use and medical...more
Many clients eager to start a recreational cannabis business have asked us when can they start selling adult-use cannabis to consumers. Although the possession and use of cannabis is now legal in New York, that does not mean...more
Following the passage of the Marijuana Regulation and Taxation Act (the Act) on March 31, 2021 and the recent approval of regulations governing the packaging, labeling, marketing and advertising of cannabis products, many of...more
On March 31, 2021, New York passed the Marijuana Regulation and Taxation Act (the Act), joining a growing number of states that have legalized the recreational use of cannabis for adults. The immediate change brought about by...more
At their board meeting on June 23, 2022, the Cannabis Control Board (the Board) approved the application window and form of application for Adult-Use Conditional Cannabis Processor licenses (the Licenses). Eligible applicants...more
On the heels of New York’s legalization of recreational marijuana and proposed regulations for the State’s emerging cannabis industry, cannabis businesses are positioned to receive new state tax breaks. On April 9, Gov. Kathy...more
On June 8, 2022, the New York Office of Cannabis Management (OCM), pursuant to its authority under the New York Cannabis Law, proposed additions to Title 9 of the New York Codes, Rules and Regulations that would regulate the...more
On June 1, 2022, the Cannabis Control Board (CCB) approved the first set of regulations for New York State’s adult-use cannabis industry (the Regulations). The Regulations establish minimum standards for the packaging,...more
New York State officially passed and signed into law a bill that legalizes the production, distribution, and adult-use of cannabis in the state (S.854A/A.1248A). The new legislation, known as the Marijuana Regulation and...more
Update: President Biden signed the PPP Extension Act of 2021 on March 30, 2021. Eligible applicants for both the First and Second Draw PPP Loans now have until May 31, 2021 to submit their application....more
March 26, 2021 By: Elizabeth L. Lehmann and Jeffrey B. Scheer The PPP Extension Act of 2021 (the PPP Extension Act) passed the Senate yesterday with overwhelming bipartisan support (92-7). The PPP Extension Act now awaits...more
Update: The SBA has announced that it will start accepting applications for the Shuttered Venue Operators Grant (SVOG) on Thursday, April 8, 2021. Additionally, the American Rescue Plan Act of 2021 modified the SVOG program...more
Since President Biden has taken office, eligibility to obtain a First and Second Draw Paycheck Protection Program (PPP) has been expanded. As such, the Small Business Association (SBA) recently updated First and Second Draw...more
On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (the Rescue Plan) – a $1.9 trillion economic relief package. The Rescue Plan allocated an additional $7.25 billion to the Paycheck...more
The Biden-Harris administration announced on Feb. 22, 2021 several changes to the Paycheck Protection Program (PPP), including a focus on small minority-owned businesses. This first formal statement sets the tone of the new...more
The Small Business Association (SBA) issued guidance on Jan. 27, 2021 regarding the Shuttered Venue Operators Grant (SVOG), a grant program for struggling live, in-person industries, that was established in the recent...more