The New York Cannabis Control Board canceled Wednesday’s meeting to finalize the review of adult-use license applications currently under consideration for approval by the board. The board released the following statement regarding the cancellation:
“While we have a batch of licenses ready for approval, there are many more we want to get across the finish line to jumpstart New York’s cannabis market in 2024. After months of licenses being held up by lawsuits from corporate interests, OCM is working hard to process this major backlog of applications—we want to ensure the issuance of as many licenses as possible, as soon as possible. Additionally, we look forward to picking up the conversation around adult-use licenses, and several key agenda items including research, homegrow regulations, and more again in February. Please stay tuned for more updates to come.”
