In a recent update from New York’s Office of Cannabis Management (OCM), it was announced that the deadline to submit applications for cannabis licensing has been given an extension. With this change, cannabis retail applicants who control eligible property can now submit their applications until November 17, 2023. Applications from all other candidates will be accepted up to December 18, 2023; this represents an additional 14-day window from the previously set deadlines.
This extension is particularly relevant for legal professionals and stakeholders in the cannabis industry. Applicants can now utilize these extra two weeks to ensure compliance with all stipulations and craft comprehensive, meticulously detailed submissions.
This change comes as New York continues to shape its legal landscape around the recent regulatory developments in cannabis. The focus remains on a structured implementation that offers fair opportunities for ventures of different sizes and scopes, including minority-owned businesses and those owned by those most affected by previous cannabis enforcement policies.
For legal professionals working in the cannabis industry, it is crucial to stay abreast of these shifts in the regulatory environment. The additional time provided can prove beneficial in aiding you and your clients to understand and navigate the evolving cannabis laws and regulations.
For a more detailed look at the recent announcement, read
the full update from Rivkin Radler LLP on JDSupra.