[Webinar] Cannabis Real Estate 101: A Primer for Social Equity Applicants & Entrepreneurs
M&A in the Cannabis Sector
New York’s Office of Cannabis Management (OCM) announced that prospective applicants have an additional 14 days to submit their applications, extending the deadline for retail applicants with control of an eligible property...more
New York’s adult-use regulations are effective and the first application period for certain adult-use licenses is underway! At the Cannabis Control Board (CCB) meeting on October 17, 2023, CCB announced that they are...more
DSNY Commissioner Tisch and Mayor Adams have launched a plan to containerize waste in buildings with nine or fewer residential units. Beginning in fall 2024, these buildings will be required to place their trash in secure...more
After months of anticipation, the New York State Office of Cannabis Management began accepting applications for five (5) types of licenses this week: cultivator, processor, distributor, and microbusiness. This is generally...more
New York begins accepting applications for certain adult-use cannabis licenses Oct. 4. Applications for cultivator, processor, distributor, microbusiness and retail dispensary licenses will be available on the New York...more
New York State Regulators Approve Final Adult-Use Regulations as Judge Bars New York State From Issuing New Cannabis Licenses - On September 12, state regulators approved final adult-use regulations and set October 4 as...more
Governor Hochul Calls on Biden Administration to Support Asylum Seekers in NYS- Governor Hochul has called on President Biden to take executive action in supporting asylum seekers in New York State. Specifically, she...more
New laws and regulations are likely to be implemented in both New Jersey and New York in the very near future, which will greatly affect parties’ abilities to work with marijuana businesses. Regulating Parties that Deal with...more
New York’s Office of Cannabis Management (“OCM”) has posted, and the Cannabis Control Board (the “CCB” or “Board”) voted to approve the filing of, certain revised adult-use regulations (the “Revised Regulations”). While these...more
New York’s Office of Cannabis Management (“OCM”) posted today updates to its proposed adult-use regulations (the “Revised Regulations”), in advance of a vote of the Cannabis Control Board (the “Board”) to release them for...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
US Sentencing Commission Seeks Amendment To Allow for More Lenient Treatment for People With Prior Cannabis Convictions - The U.S. Sentencing Commission approved a series of amendments to current sentencing guidelines on...more
The only guarantees in life are death, taxes, and cannabis lawsuits, and New York is no different. In a cannabis marketplace plagued by fits and starts, the New York Cannabis Control Board (“CCB”) Office of Cannabis...more
Draft regulations to implement the Marijuana Regulation and Taxation Act MRTA have been published. Public comment is due by February 12, 2023. On December 14, 2022, the draft regulations to implement the Marijuana...more
On November 10, 2022, in the matter Variscite NY One, Inc. v. State of New York, et al., the U.S. District Court for the Northern District of New York granted the plaintiff’s a motion for a preliminary injunction against the...more
I am guessing that, later this week, many if not most of us will celebrate our uniquely American holiday, Thanksgiving Day. Hopefully, we will be fortunate enough to spend the day and share a meal with family and friends....more
New York continue to take steps towards its goal of commencing adult-use sales within the next several weeks (if not months). Today, the Office of Cannabis Management (“OCM”) issued guidance for the conduct and operation of...more
The application windows are now closed for all conditional cannabis licenses in New York. Adult-use Conditional Cultivator (AUCC), Adult-use Conditional Processor (AUCP), and Conditional Adult-use Retail Dispensaries (CAURD)...more
The New York Office of Cannabis Management has released the number of conditional adult-use retail dispensaries the state will permit for each region. The state will award a maximum of 150 conditional adult-use retail...more
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...more
On August 2, in its first ever cryptocurrency enforcement action, the New York State Department of Financial Services ("NYDFS") announced it had imposed a $30 million fine on Robinhood Crypto, LLC ("RHC") for failures in its...more
The Office of Cannabis Management (OCM) announced it will open the application portal for conditional, adult-use retail dispensary license applicants on August 25. This “wave” of applications is reserved for individuals...more
To help New York cannabis industry entrepreneurs get their businesses off on the right foot, VS's New York team created an eight-part series of VS Insights to assist in navigating the path to applying for a New York cannabis...more
To help New York cannabis industry entrepreneurs get off on the right foot, VS’s New York team created an eight-part series of VS Insights to assist in navigating the path to applying for a New York cannabis business license....more
So, you decided to start a cannabis business in New York. With the release of more license categories on the horizon, it’s an exciting and hectic time. To help you prepare, VS’s New York team created an eight-part...more