Gov. Kathy Hochul signed the bill Thursday, the morning that the prior deadline was set to expire, and just a day after bill versions coasted through the New York Assembly and Senate.
June 02, 2023 at 02:22 PM
5 minute read
Litigation Reporter
In the face of New York’s limited marijuana retail space, with 12 operators currently up and running, a bill that extended the deadline for conditional marijuana cultivators and processors to distribute to stores for a year, until June 1, 2024, was swiftly signed into law.
It allows the licensed pot growers to continue to sell off their oversupply, as more retailers are expected to come online in the months ahead.
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Smacked Village is seen earlier this year. It opened in Greenwich Village as the first for-profit, Black-owned conditional adult-use retail dispensary. Photo: Gabby Jones/Bloomberg
