{"id":20902,"date":"2022-08-22T09:43:17","date_gmt":"2022-08-22T13:43:17","guid":{"rendered":"https:\/\/multi.nycnewsnetwork.com\/brooklynbuzz\/cannabis-control-board-approves-first-processors-to-make-adult-use-cannabis-products-in-new-york\/"},"modified":"2025-02-13T09:40:42","modified_gmt":"2025-02-13T14:40:42","slug":"cannabis-control-board-approves-first-processors-to-make-adult-use-cannabis-products-in-new-york","status":"publish","type":"post","link":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/cannabis-control-board-approves-first-processors-to-make-adult-use-cannabis-products-in-new-york\/","title":{"rendered":"CANNABIS CONTROL BOARD APPROVES FIRST PROCESSORS TO MAKE ADULT-USE CANNABIS PRODUCTS IN NEW YORK"},"content":{"rendered":"<div>\n<p><strong>Content Distributed by <a href=\"https:\/\/nycnewswire.com\/\">NYCNewswire.com<\/a><\/strong><\/p>\n<p>The Cannabis Control Board approved 15 Adult-Use Conditional Processor licenses. These licenses comprise a key part of the supply chain supporting the opening of New York\u2019s adult-use cannabis market through the <a href=\"https:\/\/www.governor.ny.gov\/news\/governor-hochul-announces-office-cannabis-management-seeding-opportunity-initiative\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.governor.ny.gov\/news\/governor-hochul-announces-office-cannabis-management-seeding-opportunity-initiative&amp;source=gmail&amp;ust=1660999115958000&amp;usg=AOvVaw1r0GVL8C1zFKxiKBqFjMaO\">Seeding Opportunity Initiative<\/a>. Through the Initiative, processors will take adult-use cannabis currently being grown by New York farmers and turn it into consumer cannabis products. These products will then be sold at New York\u2019s first retail dispensaries, through the Seeding Opportunity Initiative\u2019s Conditional Adult-Use Retail Dispensary program.<\/p>\n<\/div>\n<div>\n<p>The conditional processor license was created by legislation signed by Governor Kathy\u00a0Hochul\u00a0in February 2022. To qualify, processors must hold a Cannabinoid Hemp Processor license issued by the Office of Cannabis Management and have applied for the license prior to January 1, 2022. Adult-Use Conditional Processors must participate in a mentorship program meant to provide pathways to industry and entrepreneurship opportunities for social\u00a0equity applicants and participate in an environmental sustainability program.<\/p>\n<\/div>\n<div>\n<p>The application\u00a0opened\u00a0on June 28 and will close August 31, 2022. Applications will be reviewed and approved on a rolling basis.<\/p>\n<\/div>\n<div>\n<p>\u201cToday\u2019s Board Meeting brings us one step closer to launching New York\u2019s legal cannabis marketplace. Processors aren\u2019t just an important part of the cannabis supply chain, they are creators, who take a raw plant and transform into tested, consistent, high-quality products that consumers can trust,\u201d said T<b>remaine Wright, Chair of the Cannabis Control Board<\/b>. \u201cWhen we open New York\u2019s first stores, owned and operated by New Yorkers harmed by the misguided criminalization of cannabis, the shelves will be lined with infused edibles, topical creams and concentrated oils. None of those products would be possible without these first processors launching New York\u2019s cannabis industry.\u201d<\/p>\n<\/div>\n<div>\n<p>\u201cNew York is launching our cannabis industry the right way, and our cannabis processors are an integral part of that,\u201d\u00a0said\u00a0<b>Office of Cannabis Management Executive Director Chris Alexander<\/b>.\u00a0\u201cThese processors aren\u2019t just expanding\u00a0their own\u00a0businesses,\u00a0they are committed to also mentoring the next generation of cannabis processors. They\u2019ll be teaching vital manufacturing skills to those with a passion for cannabis who\u00a0will take our state\u2019s industry to the next level.\u00a0New York\u2019s entire cannabis ecosystem will create opportunities for those who have been shut out of jobs and\u00a0industry, and\u00a0will\u00a0bring those skills to communities across the state.\u201d<\/p>\n<\/div>\n<div>\n<p><span lang=\"en\">The Seeding Opportunity Initiative positions equity-entrepreneurs to be the first to make adult-use cannabis sales in New York with products grown by New York farmers. Under the Initiative, licenses would be awarded for\u00a0<\/span>Conditional Adult-Use Retail Dispensaries to equity-entrepreneurs who\u00a0<span lang=\"en\">must meet two prongs of eligibility to qualify. First, they must have a cannabis-related conviction that occurred prior to the passage of the Marihuana\u00a0Regulation and Tax Act (MRTA) on March 31, 2021, or had a parent, guardian, child, spouse, or dependent\u00a0<\/span>with a pre-MRTA cannabis-related conviction\u00a0<span lang=\"en\">in the State of New York. Second, they must also have experience owning and operating a successful business in the State of New York.\u00a0\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/nycpolitics.com\/newsletter\/\"><strong>Subscribe to NYCPolitics.com<\/strong><\/a> for updates on important issues that impact the lives of New Yorkers.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Content Distributed by NYCNewswire.com The Cannabis Control Board approved 15 Adult-Use Conditional Processor licenses. These licenses comprise a key part of the supply chain supporting the opening of New York\u2019s adult-use cannabis market through the Seeding Opportunity Initiative. Through the Initiative, processors will take adult-use cannabis currently being grown by New York farmers and turn [&hellip;]<\/p>\n","protected":false},"author":5893,"featured_media":20903,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[2717],"tags":[],"class_list":["post-20902","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bk-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CANNABIS CONTROL BOARD APPROVES FIRST PROCESSORS TO MAKE ADULT-USE CANNABIS PRODUCTS IN NEW YORK - Brooklyn News and Events<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/cannabis-control-board-approves-first-processors-to-make-adult-use-cannabis-products-in-new-york\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CANNABIS CONTROL BOARD APPROVES FIRST PROCESSORS TO MAKE ADULT-USE CANNABIS PRODUCTS IN NEW YORK\" \/>\n<meta property=\"og:description\" content=\"Content Distributed by NYCNewswire.com The Cannabis Control Board approved 15 Adult-Use Conditional Processor licenses. 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