Saddled with court challenges slowing the rollout of its legal cannabis program, New York now wants to move fast when it comes to the illegal marijuana market. Gov. Kathy Hochul recently unveiled several initiatives to...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
On Friday, the Supreme Court of the State of New York, Albany County issued an Order that has effectively placed the long-anticipated rollout of New York’s legalized marijuana market on hold. In Fiore v. New York State...more
Call it a conundrum: the passing of the Marijuana Regulation and Taxation Act (“MRTA”) allowed New Yorkers 21 years or older to use recreational marijuana legally but provided no legal way to purchase it. The result was...more
Background On August 25, 2022, after weeks of promotion by the New York Office of Cannabis Management (OCM), the application window has finally opened for adult-use cannabis dispensary licenses in the Empire State. ...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
The New York State Office of Cannabis Management hosted a “Get Ready, Get Set,” workshop to provide community members with vital information about the Marijuana Regulation and Taxation Act (MRTA) and the conditional adult use...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
If you’re a New Yorker or a person who has visited New York recently, you’ve probably seen or heard of stores selling a product or service to consumers and providing cannabis as a “gift” in return. Others – banking on lack of...more
New York’s passage of the Marijuana Regulation and Tax Act (“MRTA”) on March 31, 2021, legalized adult-use cannabis in New York State. However, the MRTA only created a framework for the sale, regulation and taxation of...more
The Marijuana Regulation and Taxation Act (“MRTA”) provides towns, villages, and cities an opportunity to opt out of allowing retail dispensaries and on-site consumption licensees to operate within the municipality’s...more