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State regulators approved 109 new marijuana business licenses on Friday, including 38 retail dispensaries, as New York’s cannabis industry aimed to get on track following repeated setbacks.
The license approvals came after the Cannabis Control Board abruptly canceled a meeting last month, as a company filed a lawsuit claiming the process was discriminating against white men. The lawsuit is ongoing in federal court.
The majority of marijuana business licenses granted on Friday went to social and economic equity applicants, including minority- and women-owned businesses, state officials said. The board plans to approve additional licenses on a rolling basis in coming months.
A total of nearly 7,000 applications for cannabis business licenses were submitted before a December deadline, officials said.
The board on Friday also approved the proposed home-grow regulations that would allow New Yorkers to possess up to 12 cannabis plants and five pounds of marijuana per household. That measure must complete a 60-day public comment period before being considered for final approval.
Currently, there are 70 adult-use cannabis retailers in New York, and officials expect at least 25 will open in coming weeks as part of the licenses approved Friday.
A total of 26 microbusiness cannabis licenses approved Friday will also allow these licensees to grow, process, distribute and sell all under one license.
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