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NEW YORK — (AP) — New York issued its first 36 hashish dispensary licenses on Monday, taking a monumental step in establishing a authorized — and profitable — market for leisure marijuana.
The licenses authorised by the state’s Hashish Management Board have been the primary of 175 the state plans to concern, with many within the first spherical reserved for candidates with previous convictions for marijuana offenses.
Eight nonprofit teams have been among the many 36 licensees granted Monday.
A few of the dispensaries, chosen from a pool of greater than 900 candidates, are anticipated to open by the tip of the 12 months.
New York has additionally deliberate a $200 million public-private fund to assist “social fairness” candidates to assist redress the ravages of the warfare on medicine, particularly in communities of shade.
“At the moment is a monumental day for New York’s nascent hashish business. With the primary adult-use retail dispensary licenses within the arms of companies and eligible nonprofits, we’ve ensured the primary gross sales will likely be made at dispensaries operated by these impacted by the unjust enforcement of hashish prohibition,” mentioned Tremaine Wright, who chairs the Hashish Management Board.
A court docket ruling earlier this month has delayed the board from approving dispensaries in some elements of the state amid a authorized dispute over licensing standards. Nonetheless, officers mentioned they’d concern the remaining licenses as shortly as attainable.
With the primary licenses now issued, it remained to be seen whether or not officers would step up their efforts to go after scores of unauthorized dispensaries opened prior to now 12 months by individuals who shrugged at licensing necessities.
New York legalized leisure use of marijuana in March 2021 however continues to be within the means of licensing folks to promote it.
The hashish board additionally superior proposed laws for the sale of marijuana, with a concentrate on public well being, product high quality and security and stopping these underneath 21 from shopping for hashish.
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