The New York Cannabis Control Board has proposed draft regulations to create a conditional adult-use cannabis retail license, the first of its kind to be released in New York state.
An applicant must also satisfy ownership and control restrictions in order to be eligible to apply for a conditional adult-use retail license.
OCM may create regional “geographic zones” for scoring applicants and determine the number of available licenses per zone.
After the conditional period concludes, any licensee may apply to transition to a full adult-use retail dispensary license by notifying OCM of their intent to do so 120 calendar days prior to expiration.
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