New York regulators won’t finish reviewing applications for adult-use marijuana business licenses submitted late last year until 2025.
That’s the timeline set by Felicia Reid, the acting director of the state’s Office of Cannabis Management (OCM), during an interview last week with Spectrum News 1.
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There are still 600 applicants from the so-called November queue of retail and microbusiness hopefuls that remain to be evaluated.
Reviews will continue until “early next year,” Reid told Spectrum.
Applicants from the December queue, which consists of cultivation permits, will wait even longer: Those applications will be reviewed “on a rolling basis” after the November queue is completed Reid told the New York City-based news outlet.
The latest estimate contradicts an earlier, more hopeful promise from
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