New York’s Cannabis Retail Dispensary Regulations Are Here! – Lexology

On Friday, October 28, 2022, with no announcement, publicity or advance warning, the Office of Cannabis Management (OCM) released its “Guidance for Adult-Use Dispensaries” (the Regulations). Although not expressly referenced in the title, the intent of releasing these regulations is to provide guidance for Conditional Adult-Use Retails Dispensary (CAURD) licensees and applicants.

All CAURD applicants should learn the details and requirements of the Regulations. Despite the repeated references to “guidance” in the Regulations, make no mistake, these are Regulations that both licensees and applicants are required to follow:

[CAURD] applicants may be asked to submit the records and plans described in this guidance on the CAURD application and at the request of the [OCM]. Failure to submit, or refusal to submit, required materials may subject CAURD applicants to denial or non-selection of the applicant for a CAURD license.

This is a clear sign that the OCM is gearing up to issue CAURD licenses and consistent with Governor Hochul’s statement that adult-use retail dispensaries will open in 2022, as well as Cannabis Control Board Chairwoman Tremaine Wright’s statement at the Luxury Meets Cannabis Conference that at least one dispensary will be open in 2022.

The information contained in the Regulations is

Read More Here...