New Yorkers will soon be able to spark a blunt to celebrate. The state became the 15th in the U.S. to legalize cannabis, and while many home growers were already flouting existing law, licensed businesses couldn’t. That’s going to change, quickly, as money pours into the industry from investors and distributors looking to get a taste.
Many clients have recently asked me, “How do I open a marijuana social lounge?” The short answer is you will need to apply for a cannabis retail license when the applications are published by the newly created New Jersey Cannabis Regulatory Commission (“CRC”).
New York’s new marijuana law includes a dramatic overhaul of how the state’s hemp industry is regulated.