Ulster County Supreme Court Judge Kevin Bryant said Monday that he will not exempt any conditional retail cannabis licensees from his injunction issued on August 18 because the Office of Cannabis Management failed to comply with his recent order.
As a result, the more than 400 Conditional Adult-Use Retail Dispensary licensees who haven’t yet opened their stores are in limbo. Many are barely holding on – waiting for the judge’s go-ahead to begin recouping sunken investments totaling in the tens or hundreds of thousands of dollars.
NY Cannabis Insider broke the news of the court order on LinkedIn. Several industry stakeholders, including CEOs, licensees, and attorneys, weighed in on the most recent development, and here are some of the top-rated comments from that discussion, edited slightly for grammar.
Ruben Lindo, Founder, Blak Mar Farms, LLC; CEO, Phoenix Nutraceutical, Inc: “It is time to place the blame where it belongs. The OCM has displayed incompetence yet again. I will continue to ask everyone at what point does harm reduction become the harm? This almost seems like incompetence is acceptable.”
Colin Decker, Owner/founder of 7 SEAZ; Owner, Sensei Growth Consulting: “Once again, a shameful performance by the OCM. There needs to be a full change of staff at the CCB and OCM to continue to allow those they incentivized to invest in this industry to be further harmed. Enough is enough of this bull**** already.”
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