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New York To Open Application Portal For Retail Cannabis Dispensary Licenses –



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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 who were convicted of a marijuana-related offense in
New York state prior to March 31, 2021, or who have a close
relative with a qualifying conviction. Applicants must also have
experience owning and operating a “qualifying”
business.

The office has released a mockup application. Applications will
be available on the New York State Business Express site and
accepted through September 26. OCM officials are encouraging
prospective applicants to begin compiling required documents before the portal opens
August 25.

OCM also established a resource page to
provide guidance, application assistance, and answer questions
about the applications process. The page provides FAQs, defines
what it means to be “justice involved” and a qualifying
business, and provides additional resources to potential
applicants.

Conditional, adult-use retail dispensary licensees will support
the first retail establishments for legal adult-use cannabis sales
in New York State are positioned to generate the state’s first
legal cannabis sales before the end of 2022. Experts predict the
cannabis market will ultimately generate billions of dollars and
create opportunities for all New Yorkers, particularly those from
historically marginalized communities.

The Harris Beach team is monitoring the legal landscape to
answer the growing number of questions raised by our clients. We
look forward to providing insights and guidance to help clients
navigate this rapidly evolving area of law.

For more information, please contact Meaghan T. Feenan,
who advises on developments within the Marijuana Regulation and
Taxation Act (MRTA), including cultivators and processors,
retailers, and distributors. She’s a frequent speaker on
Cannabis topics and regularly publishes articles about the
licensing process and legislative updates.

This alert does not purport to be a substitute for advice of
counsel on specific matters.

Harris Beach has offices throughout New York State, including
Albany, Buffalo, Ithaca, New York City, Rochester, Saratoga
Springs, Syracuse, Uniondale and White Plains, as well as New
Haven, Connecticut and Newark, New Jersey.

The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.

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