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The 5pm ET deadline to submit applications for five license types for New York State’s adult-use cannabis market came and went yesterday, with a robust last-minute rush as anticipated. The license types – cultivation, processor, retail dispensary, distributor, and microbusiness – represent the spine of an industry that has had a rough start out of the gate, to say the least. But if states are indeed still laboratories of democracy in America, as they are supposed to be, New York’s effort to establish something resembling an identifiable legal adult-use cannabis market is truly only at the start of what will certainly be a very long and exciting race.
Yesterday’s deadline, the window for which began October 4, was actually the second adult-use application deadline. As the Office of Cannabis Management (OCM) Licensing page explains, “For retail dispensary and microbusiness applicants that are applying with proof of control over the proposed licensed premises, there will be an expedited application window that will close on Friday, November 17, 2023, at 5:00PM Eastern Time. The Office will begin the review of applications submitted during this window to expedite the review of retail dispensary and microbusiness applications.
“The retail dispensary and microbusiness application window will remain open after November 17, 2023, until December 18, 2023, for applicants that apply after November 17, or are applying for a provisional license (without proof of control over the proposed licensed premises). You can submit a provisional license retail dispensary or microbusiness application anytime during the open application window.”
The number of submissions made by yesterday’s deadline has been the subject of much interest, to be sure, with numbers posted to social media over the past few days by interested parties such as New York cannabis lawyer Jeffrey Hoffman, who regularly updated his LinkedIn blog in the hours leading up to yesterday’s deadline. Though not yet confirmed by the state, his last posts had the number of Adult-Use Processor Applications at 496, with less than an hour to go. He had Adult-Use Retail Dispensary Applications at 4,045 with over two hours to go before the 5pm deadline, which means that category will likely be far north of that in the final tally.
Additionally, over 300 Adult-Use Processor Applications had been submitted by a day prior to the deadline, per Hoffman, 118 Adult-Use Distribution Applications had been received as of a day before that, and 188 Adult-Use Cultivation Applications had been received three days out, with more surely submitted by the December 18 deadline.
There are additional directives for these categories. Per the state, “For the cultivator, processor, and distributor licenses proof of control over the proposed licensed premise is required for application submission. Do not apply for a cultivator, processor, or distributor license if you do not have control over the proposed licensed premise.”
We have no submission numbers yet for the Microbusiness category.
According to OCM, there is a category for which applications will be accepted next year. “Can’t meet the 12/18 deadline for adult-use applications?” said the regulator in a LinkedIn post. “The Office is set to reopen the Processor Type 3 Brand license application in January for all, including transitioning AUCCs and AUCPs.”
Cannabis Business Executive has a request for more information (and numbers) out to OCM.
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