New York Adult Use Retail Cannabis Market Creeps Closer to Opening with New Licensees Announced

New York’s Office of Cannabis Management has announced that they have offically awarded the state’s first 36 conditional dispensary licenses to social equity groups, moving the state closer to their first legal adult use retail cannabis sales. In the group of 36 licensees, there were 8 nonprofits and 28 individuals. This first group of licensees was chosen from 903 applications that were submitted. And, the state will use this same applicant pool to also award licenses to an additional 122 businesses and 17 nonprofits moving forward.

In addition to countless New York residents who are anxious for the legal adult use sales to begin, there are also dozens of licensed cultivators and processors who are also very anxious for sales to start, because they are sitting on an estimated $750 million worth of cannabis ready to sell.

The newly awarded licensees will now need to jump through a few more hoops, and submit a secondary supplemental application showing approval from a municipality before they are fully licensed and ready to go. The state has a $200 million fund set aside to help these businesses get up and running quickly. New York has long been promising that legal adult use sales would begin before the end of 2022.

​Here is a list of the first awarded licensees: 1. Capital District Cannabis & Wellness Inc – Capital Region 2. William Durham – Southern Tier 3. D-Andrews LLC – Capital Region 4. Nube NYC LLC – The Bronx 5. Gabby Green LLC – Queens 6. Essential Flowers – Capital Region 7. Brian Stark Enterprises LLC – Long Island 8. Albert D Capraro – Long Island 9. Strain Stars LLC – Long Island 10. On Point Cannabis, Inc. – Binghamton 11. Smacked LLC – Manhattan 12. Brent L Rogers – North County 13. Root 13, LLC – Long Island 14. Gabriel Marin – Manhattan 15. Housing Works Cannabis LLC – New York City 16. Florisun LLC – Manhattan 17. Growth Industries – Long Island 18. The Doe Fund LLC – New York City 19. Carl M. Anderson III – The Bronx 20. Royal Leaf NY LLC – The Bronx 21. Keep It A 100 LLC – Long Island 22. CGG Enterprises Inc – Queens 23. CURED NY, LLC – Mohawk Valley 24. Kush & Kemet, LLC – Queens 25. Urban Weeds LLC – Queens 26. GOTHAM CAURD LLC – New York City 27. CWS Holdings I, LLC – Ithaca 28. EASTERN HOLDINGS 88 LIC – Staten Island 29. PLANET 51 LLC – Manhattan 30. Stage One Cannabis LLC – Capital Region 31. Suzanne M Furboter – Queens 32. NYCCABUDS – Center for Community Alternatives – NYC, Rochester and Syracuse 33. Anthony Crapanzano – Queens 34. SAMJNY Holdings LLC – Staten Island 35. Union Chill Cannabis NY LLC – Southern Tier 36. Hydro Phonics – Long Island

---