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
One more market could soon be available to New York’s cannabis growers struggling to sell last year’s crops because of the state’s slow rollout of its legalized marijuana program. The state legislature approved a bill...more
Delays in rolling out New York retail cannabis dispensary licenses prompted one legislator to introduce a bill to allow the state’s struggling cannabis cultivators to sell directly to consumers. The Cannabis Crop Rescue...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
Effective October 5, New York medical cannabis patients age 21 and older may grow up to three mature and three immature cannabis plants under new rules adopted by the state’s Cannabis Control Board. Designated caregivers...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
On April 14, 2022, the Cannabis Control Board approved 52 adult-use conditional cultivation licenses, which means the approved businesses can start growing cannabis for the upcoming adult-use market. Licensees can start...more
On February 22, 2022, Governor Kathy Hochul signed a bill into law that will award conditional adult-use licenses to qualifying cultivators and processors who were licensed under New York’s Cannabinoid Hemp Program prior to...more
On Thursday, October 21, 2021, New York’s newly formed Cannabis Control Board (CCB) held its second public meeting during which it made additional progress in developing the regulatory landscape contemplated by the Marijuana...more
On March 31, 2021, New York Governor Andrew Cuomo signed the Marijuana Regulation and Taxation Act (MRTA) into law, legalizing adult-use cannabis in the state and establishing a regulatory framework to govern what likely will...more
The Marijuana Regulation & Taxation Act (the “Act”) was signed into law by Governor Andrew Cuomo on March 31, 2021. Not only does the Act create the foundation for the adult-use marijuana program, it contains sweeping changes...more
In a prior legal alert, we explained that under the Marijuana Regulation and Taxation Act (“MRTA”), the Legislature afforded towns, villages, and cities an opportunity to opt-out of allowing retail dispensaries and on-site...more
On March 31, 2021, New York Governor Andrew Cuomo signed the New York State Cannabis/Marijuana Regulation & Taxation Act (the “Act”), S.854-A/A.1248-A, legalizing adult-use cannabis for individuals 21 and older and creating a...more