On, June 23, 2022, The Cannabis Control Board held a scheduled meeting. During the meeting, Damian Fagon was appointed as Chief Equity Officer. Damian has an experienced background in industrial hemp, cannabis, economic development, and agriculture. His presence has helped scale cannabis and industrial hemp cultivation operations in New York and the Caribbean.
Additionally, the Cannabis Control Board released that the application window for Adult-Use Conditional Processors will open on Tuesday, June 28 and close on Wednesday, August 31. These conditional processors will play a critical role in New York’s supply chain, bringing products onto the shelves of New York’s first retail cannabis dispensaries.
The Wagoner Firm has been monitoring the progress of New York’s cannabis industry from its inception and remains informed on all developments by the New York State legislature, the OCM, and the CCB. We are available to answer all cannabis related inquiries and are looking to counsel prospective applicants and sellers on actions that can be taken today as they prepare to enter the cannabis industry. Please contact our office for more information.