1. Limitations of the short-term supply choice (TDO):
– Solely TDO locations submitted earlier than December 31, 2023 are eligible. All TDOs are short-term, expiring 12 months after the provisional license except prolonged.
2. Property Flexibility in Licensing:
– People can maintain majority possession in a retail dispensary, whereas being a minority proprietor in one other, with out being a Actual Celebration of Curiosity (TPI) in each.
– * This flexibility encourages wider funding and participation within the business, permitting entrepreneurs to diversify their enterprise pursuits with out violating property guidelines. It additionally opens up avenues for strategic partnerships and financing alternatives, though it requires cautious administration of possession buildings to remain inside regulatory limits.
3. Process to problem native waste:
– Candidates rejected from the November “precedence” spherical can problem the choice primarily based on “comfort and public benefit” by compiling particular data and presenting it to the Council.
– *This course of offers truthful recourse for candidates, doubtlessly growing competitors in densely populated areas or markets perceived as saturated. It additionally presents a second probability for strategic website choice, though it requires an understanding of regulatory compliance and the flexibility to current a compelling case to the Board.
4. Manufacture and Sale of cannabinoid merchandise:
– CBD growers in New York can produce THC cannabinoid hemp merchandise that EXCEED NY state THC limits for merchandise to be bought exterior of New York.
– * Permits New York producers to faucet into out-of-state markets the place regulation is much less restrictive, doubtlessly growing gross sales and increasing enterprise footprint throughout state traces.
– ** This makes little sense to be trustworthy. In impact, which means that New York-based corporations can produce merchandise which might be solely authorized to promote exterior of New York, however ILLEGAL to promote in New York.
