New York cannabis regulators took their first first step toward opening up new recreational dispensaries on Friday after lawsuits tied up the market since August. Sellers say it’s a step in the right direction but the market still has a long way to go until it’s populated by legal sellers.
The state’s Cannabis Control Board (CCB) greenlit six of the state’s 10 licensed medical marijuana companies to begin adult-use cannabis sales on Dec. 29 — a year after recreational sales first began. The move came at a meeting of the control board in Albany on Dec. 8 — the first since the state settled two lawsuits that have frozen the growth of its marijuana industry since August.
