For our first post on our much-publicized series on New York’s adult-use cannabis rules and regulations, we are going to cover the specifics on the license application process itself. The application requirements tracks the Marijuana Regulation and Taxation Act (MRTA), in that it reiterates the two-tier system separating production and retail licenses and includes evaluation criteria specifically enumerated in the MRTA. Let’s dive right in!
The actual application
The application itself will likely look very similar to New York’s Conditional Adult-Use Retail Dispensary (CAURD) application. Although the actual application has not been released, we anticipate that it will also be an online application that allows for uploading required documents in an organized and systematic fashion.
A significant deviation from the CAURD application is that adult-use applications will be reviewed on a rolling basis. This will make it incredibly important for applicants to submit applications as soon as the application portal opens, given the location proximity limitations for retail dispensaries and on-site consumption locations, as well as the possibility of license caps (see more below!).
Applications will be heavy on disclosure and details. All True Parties in Interest must be disclosed, whether as an owner of the applicant or under the