New York’s cannabis industry is experiencing significant growth as the State Cannabis Control Board has approved 101 new adult-use licenses. This brings the total number of licenses issued in the state to over 1,600, indicating a robust expansion of the market.
In addition to the new licenses, the number of operating adult-use dispensaries has increased to 330, showcasing the rising accessibility of cannabis products for consumers across the state.
The Cannabis Control Board is also moving forward with proposals aimed at changing regulations related to packaging, labeling, marketing, and advertising within the cannabis sector. These changes could impact how cannabis products are presented to the public.
Overall, the recent developments highlight New York’s commitment to growing its cannabis industry while ensuring regulation and oversight.
