On May 11, 2023, the Cannabis Control Board adopted revised draft regulations for New York’s adult-use cannabis industry. The most notable amendments include, but are not limited to, the following:
- Details for seeking discretionary relief from the buffer zone requirements related to retail dispensaries;
- Regulations permitting onsite consumption areas at retail dispensaries;
- Regulations for delivery licenses and operations;
- Amended requirements on what constitutes a True Party of Interest and a Passive Investor;
- Regulations addressing receivership;
- Regulations for cannabis events; and
- Regulations for medical cannabis companies entering the recreational market.
The draft regulations are subject to a 45-day comment period and are expected to be adopted during Q3 of 2023.
Our cannabis lawyers are uniquely suited to guide clients through New York’s application process, advise on local market considerations and represent clients in municipal forums to obtain local approvals to operate cannabis businesses.
The following materials, and all other materials on this website, are intended for informational purposes only, are not to be construed as either legal advice or as advertising by Cuddy & Feder LLP or any of its attorneys, and do not create an attorney-client relationship between you and Cuddy & Feder LLP. Please seek the advice of an attorney before relying on any information contained herein.