New York’s Office of Cannabis Management (OCM) recently announced additional CAURD license winners. With the recent round of approvals, Global Go assisted four different winners in total since the program launched in late 2022.

KushMart NY made history by becoming one of the first business to be awarded a highly coveted Conditional Adult-Use Retail Dispensary (CAURD) License in New York. CAURD licenses were awarded to equity applicants and non-profit organizations.

New York Cannabis Market: Regulations Released and Licenses Awarded

The first batch of retail cannabis licenses were blocked from being issued in five regions in New York. A New York federal judge ordered the block pending the outcome of a lawsuit filed by a Michigan cannabis operator which claimed New York’s licensing selection process violates federal interstate commerce protections. The judge, Gary Sharpe issued the injunctions for the following regions:

This past Friday 10/28, the OCM quietly released its Guidance for Adult-Use Dispensaries (“Guidance”), which is a summary of the pending regulations for CAURD applicants and other adult use dispensary applicants. It is important that all CAURD applicants familiarize themselves with the information provided in the Guidance.