One of New York’s top cannabis regulators said the application period for most cannabis businesses would begin in the middle of next year, marking a significant timeline shift from prior statements that the entire adult-use market would likely be online by then.
At an event in Yonkers on August 25 – the day NY opened applications for Conditional Adult-Use Retail Dispensary (CAURD) licenses – Office of Cannabis Management Executive Director Chris Alexander was asked by an audience member whether people can start growing and processing cannabis for sale to retailers.
Alexander said that only businesses that received conditional cultivation and processing licenses can do that right now, then went into more detail about the licensing timeline.
“Middle of next year,” Alexander said. “You’ll see regulations come out sooner – in the next two months or so – but in the middle of next year, you’ll see those applications open for cultivation, for processing, and to do the activities you just laid out.”
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