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Application Period Opens for New York Recreational Dispensaries

MJ News Daily by MJ News Daily
August 25, 2022
in Cannabis News
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Application Period Opens for New York Recreational Dispensaries
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New York officially began accepting applications for recreational cannabis dispensaries on Thursday, a milestone in the Empire State’s new era of legalization.

The state’s Office of Cannabis Management said that the window for the first round of applications will run until September 26.

As previously announced earlier this year, the first dispensary licenses will be awarded to individuals with cannabis-related convictions on their record, or family members of individuals who have been convicted of pot-related offenses, a program known as the “Seeding Opportunity Initiative.”

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“Today’s announcement brings us to the precipice of legal, licensed cannabis sales in New York State,” Tremaine Wright, chair of the Cannabis Control Board, said in a statement on Monday. “With the Seeding Opportunity Initiative, New York has affirmed our commitment to making sure the first sales are conducted by those harmed by prohibition. We’re writing a new playbook for what an equitable launch of a cannabis industry looks like, and hope future states follow our lead.”

Chris Alexander, the executive director of the Office of Cannabis Management, said that the launch of the application period marked a “monumental step in establishing the most equitable, diverse, and accessible cannabis industry in the nation.”

“We’ve worked to make this application as simple as possible for all interested applicants, and I cannot emphasize it enough that you do not need any legal expertise to fill this application out,” Alexander said.

The state announced the initiative back in March, with Alexander saying at the time that at least the first 100 dispensary licenses would be awarded to individuals with convictions.

Since legalizing recreational pot for adults last year, New York has made a concerted effort to do right by individuals and communities who were most adversely affected by cannabis prohibition.

In January, New York Gov. Kathy Hochul announced the creation of a $200 million fund to support social equity applicants looking to enter the state’s new legal cannabis industry.

“New York’s legalized cannabis industry is in development, with the State expecting to issue licenses for adult recreational use. But the rise of what is estimated to be a $4.2 billion industry must create opportunities for all New Yorkers, particularly those from historically marginalized communities,” the governor’s office said in the announcement at the time.

“In support of that goal, Governor Hochul will create a $200 million public-private fund to support social equity applicants as they plan for and build out their businesses,” the announcement continued. “Licensing fees and tax revenue will seed the fund and leverage significant private investment.”

Last month, Hochul announced a $5 million grant to the state’s community colleges in support of “programs that will create or enhance non-degree and degree-eligible courses and programs, stackable credentials, and/or microcredentials that quickly address local employer skill needs within the cannabis sector, a projected multi-billion dollar industry with tens of thousands [of] jobs.”

“New York’s new cannabis industry is creating exciting opportunities, and we will ensure that New Yorkers who want careers in this growing sector have the quality training they need to be successful,” Hochul said in the announcement. “Diversity and inclusion are what makes New York’s workforce a competitive, powerful asset, and we will continue to take concrete steps to help ensure everyone has the opportunity to participate in the cannabis industry.”

The community colleges selected for the grant “must also partner with local employers in the cannabis industry and receive their input on curriculum development,” the state said last month, adding that “the New York State Department of Labor and the Office of Cannabis Management will support efforts to expand learning opportunities by helping to connect businesses and job seekers to these essential training programs.”

[Original Source]

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