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New York's cannabis board votes to settle lawsuits that have stalled legal dispensaries
New York cannabis regulators have approved a deal to settle lawsuits that have blocked recreational marijuana shops from opening.
apnews.com
New York’s cannabis board votes to settle lawsuits that have stalled legal dispensaries
FILE - Marijuana plants are seen at a growing facility in Washington County, N.Y., May 12, 2023. New York cannabis regulators on Monday, Nov. 27, approved a deal to settle lawsuits that have blocked recreational marijuana shops from opening, as officials move to restart the state’s troubled legal market.
NEW YORK (AP) — New York cannabis regulators approved a deal on Monday to settle lawsuits that have blocked recreational marijuana dispensaries from opening, as officials move to restart the state’s troubled legal market.
The settlement still needs a judge’s approval before it can take effect. The state’s Cannabis Control Board did not immediately release the terms of the settlement.
The deal would lift a court order that has blocked the state from processing or issuing retail marijuana licenses since August, following lawsuits over rules that promised many of the first licenses to people with past drug convictions.
New York’s retail marijuana market has been in disarray since sales began almost a year ago. Bureaucratic problems and lawsuits have allowed only about two-dozen legal shops to open, while farmers sit on a glut of crops and an ever-growing black market of storefronts fill the void.
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Good news, hopefully, for those waiting for local weed shops to appear.
