new york changes dispensary turnkey rules delivery guidance laid out 156242

New York Changes Dispensary Turnkey Rules; Delivery Guidance Laid Out

New York Changes Dispensary Turnkey Rules; Delivery Guidance Laid Out
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<![CDATA[The New York Office of Cannabis Management (OCM) provided guidance Dec. 9 for adult-use cannabis retail licensees interested in making delivery sales but the rules for securing brick-and-mortar locations have changed. (The delivery guidelines are listed below.)While OCM’s Cannabis Control Board approved the state’s first 36 Conditional Adult-Use Retail Dispensary (CAURD) provisional licenses last month, aspiring market entrants have yet to receive the turnkey locations they were promised for their businesses. OCM regulators plan to issue up to 175 total retail licenses—150 for individuals impacted by prohibition and 25 for nonprofits whose services include support for the formerly incarcerated—and state officials from the Dormitory Authority of the State of New York (DASNY) were tasked with providing fully furnished dispensaries for the 150 individuals. RELATED: What To Expect With New York’s First 175 Adult-Use DispensariesNow, instead of requiring retail licensees to rely on DASNY for their locations, OCM officials took a U-turn on Dec. 9 in announcing they are allowing CAURD licensees to find and secure their own retail locations ahead of the state’s sales launch. “[CAURD licensees] can submit for approval their own proposed location for their retail store and may still qualify for financial support for renovations from the Social Equity Cannabis Investment Fund operated by [DASNY],” the office’s release read. “DASNY will continue the work of securing retail locations and locations will be matched with licensees as they become available.”In June, Gov. Hochul announced the selection of a minority-led investment team to sponsor and manage New York’s $200 million Social Equity Cannabis Investment Fund that was authorized in the state’s fiscal 2023 budget. The fund was established to help New York finance the leasing and equipping of the 150 CAURD dispensaries to be operated by those who have been impacted by the inequitable enforcement of prohibition. Specifically, the…

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Source : New York Changes Dispensary Turnkey Rules; Delivery Guidance Laid Out

reposted by Cannabis News World

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