New York State to open applications for retail cannabis licenses
New York State to open applications for retail cannabis licenses
New York State is scheduled to open up its online portal on August 25 to what is expected to be thousands of applicants seeking a dispensary license to sell recreational-use marijuana.
All my record is is weed. To the point where the police know I smoke a lot. They don’t even care about that they looking for guns and knives
TDG #1 FULLSUPPORT
FULL LEGALIZATION OF WEED IN THE USA 🇺🇸 BIG FAX
Fck cannabis licenses , we been smoking bud out here !!!!!!!
I’m Black, but why is Everybody Black in the Mayor’s office? (1st signs of a failing City)
♥️𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗮𝗱𝘂𝗹𝘁 𝗽𝗼𝗿𝗻 𝘃𝗶𝗱𝗲𝗼𝘀 𝗼𝗻𝗹𝘆❤️ Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine verwohn.online Brünette und eine andere Blondine. Es wäre unfairl, wenn ich 4 wählen würde
Look .out 👆👆👆 for the handle above, , he got shrooms ,lsd, iboga, ketamines,c🥰ke, cannabis,psych meds, dmt trips, acids, chocolate bars psilocybin and he ships too!.📍⬆️⬆️📍
1. Types of Licenses
There will be nine types of licenses: retail dispensary, on-site consumption, delivery, cultivator, nursery, processor, distributor, adult-use cooperative, and microbusiness.
2. License Application Costs
The cost of a recreational cannabis license hasn’t been decided. Applicants for medicinal licenses paid a non-refundable application fee of $10,000 and a registration fee in the amount of $200,000, refunded if the license wasn’t granted. A recreational license will likely cost more but fees may be waived for social equity applicants.
3. Funding Assistance for License Applicants
Gov. Kathy Hochul recently pledged $200 million to support social equity applicants in building adult-use cannabis businesses. Around $50 million will be raised from medical cannabis businesses in NY while $150 million will be raised from private investors.
Those loans may not be available for the first round of licensing because the money to fund them will largely come from tax revenue generated by the industry. “[The Office of Cannabis Management] is not going to be able to right all the wrongs of the financial services industry,” Wright said.
4. Requirements for Those Who Invest With Social Equity Applicants
Anyone investing with a social equity applicant must keep in mind the state’s requirements:
Any entity applying for a New York cannabis license will need to be owned at least 51% by a social equity class applicant.
Ownership must be “real, substantial, and continuing.”
The social equity applicant must have and exercise the authority to control independently the day-to-day business decisions of the enterprise.
The individual or entity seeking the license must be authorized to do business in the state and be independently owned and operated.
The individual or entity must be a small business.
5. Additional Keys to a Successful Application
Beyond fulfilling the ingredients of the social equity applicant “recipe” outlined above, the key to a successful application may come down to the perception it gives the Cannabis Control Board of the applicant’s commitment to the state’s mission. The applicant needs to demonstrate that they will “contribute to communities and people disproportionately harmed by enforcement of cannabis laws…and report these contributions to the board.”
The New York law also asks for documentation of the racial, ethnic, and gender diversity of the applicant’s employees and owners and suggests each applicant consult with the CCB’s chief equity officer and executive director “to create a social responsibility framework agreement that fosters racial, ethnic, and gender diversity in their workplace.”
theres gonna be dispensary weed for all the people who are new to smoking.. as for everyone else…. weve had mulitple dispenseries for years lol
❤Only for fans over 18 year⤵️ Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine warmthhh.Online Brünette und eine andere Blondine. Es wäre unfair, wennx ich 4 wählen würde
Oh the robberies to come
It’s not really an opportunity now that he had got caught with it once, it ruined his life, he suffered from it (aka was charged and convicted for his one time of possessing the drug and getting kicked out of school where his real career was flushed down the toilet ) and now they made a program so he has to have that negative experience define him for the rest of his life (based on a program in which people who have had their lives substantially destroyed from marijuana can continue to survive based on passing on their misery and what has amounted to bad fortune onto others) ?
Just pay the state and local taxes, potency tax, non deductible federal taxes, non refundable $10k application fee, $200k if you get the license, have several million in the bank, 2 years running business during the worse US economic down turn in current history, and you’re the perfect equity applicant!!! 😂