The Cannabis Control Board (“CCB”) voted to extend the application window for adult-use cannabis licenses. The new deadline has been extended two weeks from Monday, December 4, to Monday, December 18. The Board also announced that microbusinesses and retail applicants who have secured a retail location will have their priority deadlines extended two weeks from November 3 to Friday, November 17. Office of Cannabis Management (“OCM”) Executive Director Chris Alexander reported to the Board that thousands of applications have been submitted through the NYBE since the application period began on October 4th. The CCB hopes that the two-week extension will give more prospective business owners a chance to apply.
During the October 17th meeting, OCM General Counsel Linda Baldwin moved to approve emergency enforcement regulations, which will reduce the burden of proof required to investigate illegal cannabis retailers. If a cannabis business receives a notice of violation from the OCM, they will have five days to respond with a certificate of compliance stating that they have ceased all alleged illegal activity. If a business does not comply, agency officials may open an investigation which can lead to a disciplinary hearing. Additionally, the new regulations allow the OCM to impose up to $20,000 in fines per day that a business sells cannabis without a license.
The Wagoner Firm is readily available to address any inquiries related to cannabis industry and are committed to providing guidance to prospective applicants.
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