MMNFF - Supreme Court Settlement Paves Way For New York Medical Marijuana Shops To Enter Adult Market On Dec. 29 | Benzinga
Following a months-long legal standoff that had New York cannabis shop owners in a holding pattern and state regulators unable to hand out new business licenses, the doors are finally opening.
With last week’s lifting of a NY Supreme Court injunction, which had been in place since August after a group of veterans sued over the state’s licensing process, the Cannabis Control Board (CCB) gave the green light to six of 10 licensed medical marijuana companies operating in New York to begin selling recreational weed on Dec. 29, one year to the day after adult-use sales launched in New York in 2022.
The six medical marijuana companies, some of which are multi-state operators (MSO), that were given permission to sell adult-use cannabis include:
Columbia Care (OTCQX: CCHWF); Curaleaf NY LLC (OTCQX: CURLF); Etain ...