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Regulated sales of adult-use cannabis began in New York on Thursday with the opening of the state\u2019s first licensed adult-use cannabis dispensary in Manhattan. The new retailer, operated by the nonprofit organization Housing Works, opened the doors of its new retail location in the East Village at 4:20 p.m. The opening of the dispensary heralds the launch of New York\u2019s new adult-use cannabis economy, which is expected to soon be one of the most lucrative regulated marijuana markets in the nation.<\/p>\n
\u201cToday marks a major milestone in our efforts to create the most equitable cannabis industry in the nation. The opening of the first legal dispensary in our state right here in New York City is more than just a promising step for this budding industry\u2014it represents a new chapter for those most harmed by the failed policies of the past,\u201d New York City Mayor Eric Adams said in a statement<\/a>. \u201cThe legal cannabis market has the potential to be a major boon to New York\u2019s economic recovery\u2014creating new jobs, building wealth in historically underserved communities and increasing state and local tax revenue.\u201d<\/p>\n The New York State legislature legalized adult-use cannabis last year with the passage of the Marihuana Regulation and Taxation Act (MRTA), which was signed into law by former governor Andrew Cuomo on March 31, 2021. Last week, his successor, Gov. Kathy Hochul, announced that retail sales of cannabis would begin in New York on December 29, fulfilling a pledge to get the regulated adult-use cannabis market up and running before the end of 2022.<\/p>\n \u201cSince the MRTA was signed, now nearly two years ago, we\u2019ve all been envisioning the moment that legal adult-use sales would finally launch here in New York,\u201d Allan Gandelman, president of the Cannabis Association of New York (CANY<\/a>), said in an emailed statement. \u201cThe state\u2019s first recreational dispensary opening its doors with shelves stocked full of New York-owned-and-operated brands, including products grown and processed by CANY members, is a culmination of all the hard work, dedication and advocacy of the cannabis community over the past several years.\u201d<\/p>\n New York<\/a> cannabis regulators reserved the first 150 Conditional Adult-Use Retail Dispensary (CAURD) licenses for individuals with past marijuana-related convictions and nonprofit groups serving those harmed by prohibition. Last month, the state\u2019s Office of Cannabis Management (OCM<\/a>) issued the initial 36 licenses to 28 individuals and eight nonprofit groups including Housing Works.\u00a0<\/p>\n \u201cWe\u2019re absolutely thrilled to be the first and hopefully setting a model that other folks will have to follow,\u201d said Charles King<\/a>, the chief executive officer of Housing Works, a minority-controlled social services organization that serves the formerly incarcerated, those experiencing homelessness and people living with HIV and AIDS.<\/p>\n Cannabis sales in New York State has a nice ring to it! Come through to 750 Broadway at 4:20. We\u2019re blazing our trail to equity! pic.twitter.com\/2eA6uQZJHz<\/a><\/p>\n \u2014 NYS Office of Cannabis Management (@nys_cannabis) December 29, 2022<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n Before officially opening its doors, The Housing Works Cannabis Co.<\/a> had made more than 2,000 reservations for customers to make purchases of cannabis products. The new dispensary storefront is located at 750 Broadway in the Astor Place neighborhood of Manhattan\u2019s East Village. Spanning 4,400 square feet, the iconic building known as 1 Astor Place was completed in 1883.<\/p>\n \u201cThis location is a perfect location. We\u2019re between the West Village, the East Village,\u201d King said at a news conference Thursday morning. \u201cTourists can come by here easily. So we think we\u2019re going to bring up a lot of sales here.\u201d<\/p>\n Before the dispensary opened to the public on Thursday, the business made New York\u2019s first regulated sale of recreational marijuana products to Chris Alexander, the OCM executive director. Alexander purchased an eighth of an ounce of cannabis flower and a package of infused watermelon-flavored gummies, according to media reports.<\/p>\n \u201cIt\u2019s been a lot of work that\u2019s come to get us to this point,\u201d Alexander told reporters<\/a>. \u201cWe do have a lot more work to do, a lot more stores to open.\u201d<\/p>\n Kristina Lopez Adduci, CEO and founder of House of Puff<\/a>, one the cannabis suppliers with products for sale at The Housing Works Cannabis Co. on its first day of operation, hailed the historic nature of the launch of legal recreational marijuana sales in the Empire State.<\/p>\n \u201cFor years, advocates and members of New York\u2019s cannabis community have been working toward this momentous milestone: the first adult-use dispensary opening its doors, stocked with brands and products grown, processed, manufactured and owned right here in New York,\u201d Adduci said in an email. <\/p>\n \u201cWe\u2019re ecstatic that House of Puff will be one of those New York brands that will be available for purchase and thank Housing Works for supporting us and other local cannabis companies during this crucial moment. The opening of their dispensary is just one embodiment of the vision set out by the MRTA and is a significant step towards establishing a fully operable and equitable legal cannabis industry built by and for New Yorkers and our communities most adversely affected by cannabis prohibition.\u201d<\/p>\n The post New York Launches Adult-Use Cannabis Sales With First Dispensary Opening<\/a> appeared first on Cannabis Now<\/a>.<\/p>\n
Regulated sales of adult-use cannabis began in New York on Thursday with the opening of the state\u2019s first licensed adult-use cannabis dispensary in Manhattan. The new retailer, operated by the nonprofit organization Housing Works, opened the doors of its new retail location in the East Village at 4:20 p.m. TheContinue Reading<\/a><\/span><\/p>\n","protected":false},"author":381,"featured_media":60016,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[16744,5929,50,16745,16746,16747,16748,16749,90,16750,6074,16228,208,16751,16752],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/60015"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/381"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=60015"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/60015\/revisions"}],"predecessor-version":[{"id":60017,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/60015\/revisions\/60017"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media\/60016"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=60015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=60015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=60015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}New York Legalized Adult-Use Cannabis Last Year<\/strong><\/h4>\n
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<\/p>\nTop Cannabis Regulator Makes First Purchase<\/strong><\/h4>\n
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\nRead More: New York Launches Adult-Use Cannabis Sales With First Dispensary Opening<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"