AYRWF - NY approves first cannabis adult-use conditional processor licenses

• The New York State Office of Cannabis Management (OCM) has approved the first 15 cannabis adult-use conditional processor licenses .
• The approvals were from existing hemp businesses, Marijuana Moment reported.
• The processors take raw marijuana and extract cannabinoids and other components from the plant.
• OCM also said that an additional 19 adult-use cannabis cultivation licenses have been approved. This brings the number of farms in New York permitted to grow cannabis to 242.
• Multi-state operators: Cresco Labs ( OTCQX:CRLBF ); Columbia Care ( OTCQX:CCHWF ); Trulieve Cannabis ( OTCQX:TCNNF ); Green Thumb Industries ( OTCQX:GTBIF ); Curaleaf Holdings ( OTCPK:CURLF ); MedMen Enterprises ( OTCQB:MMNFF ); Acreage Holdings ( OTCQX:ACRHF ); Ayr Wellness ( OTCQX:AYRWF ); Verano Holdings ( OTCQX:VRNOF ); and Jushi Holdings ( OTCQX:JUSHF ).
• Cannabis-related ETFs: AdvisorShares Pure Cannabis ETF ( YOLO ), Amplify Seymour Cannabis ETF ( CNBS ), ETFMG Alternative Harvest ETF ( MJ ), AdvisorShares Pure US Cannabis ETF ( MSOS ), and Global X Cannabis ETF ( POTX ).
• OCM recently said it would soon begin accepting applications for operating adult-use cannabis dispensaries, but only from those who have been impacted by a marijuana offense .

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