New York Cannabis Regulators Award Initial Rec Marijuana Retail Licenses

On Monday, New York regulators greenlighted the first 37 for conditional adult-use retail dispensary licenses. The state accepted applications from 903 businesses, reported Marijuana Moment.

The Cannabis Control Board (CCB) also advanced new regulations for the market.

The list includes 29 dispensaries owned by justice-involved individuals and eight nonprofit organizations and prioritizes people in communities most affected by the war on drugs for opportunities in the legal cannabis industry.

“This is a monumental moment, and it represents the last leg of the cannabis supply chain that requires licensure,” Tremaine Wright, chair of the CCB, said.

Meanwhile, on Friday, New York officials announced they have selected ten teams of companies to build some 150 turnkey facilities for social equity cannabis retailers to operate once the marketplace officially launches.

Arizona Cannabis Sales Continue To Drop

Arizona cannabis sales continued to drop in September following a loss of nearly $7 million in August, reported the Arizona Mirror.

However, dispensary owners say …

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