Archive

New York LLC Transparency Act Update

By Charlie Alovisetti, Daniel Molina
May 15, 2024

The New York LLC Transparency Act, which requires certain businesses to disclose ownership information to the state, was recently updated. Read this insight to learn what businesses in all industries need to know about the new law, including deadlines and penalties for noncompliance.

New York Cannabis Business Applications Are Live and the Deadline is Extended: What We’ve Learned

By Bridgette Nikisher
Oct 18, 2023

New York’s adult-use regulations are effective and the first application period for certain adult-use licenses is underway! At the Cannabis Control Board (CCB) meeting on October 17, 2023, CCB announced that they are extending the deadline for applications by two weeks. Read this Insights article for details related to Social and Economic Equity Applicant applications, how many licenses will be awarded, the review and selection process, property control and proximity protection, and true parties of interest disclosures.

[Webinar] Preparing for New York Cannabis Business Licensing

Sep 14, 2023

New York's adult-use cannabis licensing is set to open in the fall, and members of Vicente LLP’s New York team and a special guest from Dutchie provide answers to the “who, what, where, when and how” questions on the minds of prospective Empire State cannabis licensees during this webinar replay.

Upcoming Cannabis Business Licensing Opportunities Across the U.S.

By Jerrico Perez
May 22, 2023

Opportunities for growth across the nation are currently abundant for cannabis businesses, and our experienced team is here to help you navigate these increasingly complex and competitive licensing processes. With more winning merit-based applications than any other law firm in the country, our team’s work ethic, dedication, and experience will help elevate your application above the competition and set your business up for long-term success.

Can New York’s Illegal Cannabis Dispensaries Be Stopped? Governor Hochul Proposes a Solution

By Michelle Bodian, Elliot Choi
May 12, 2023

New York City has seen a proliferation of illicit and unregulated cannabis stores since the Marihuana Regulation & Taxation Act was signed into law on March 31, 2021. To date, enforcement efforts have been limited; however, that could all change with the passage of the Governor’s 2024 budget. Read this article to learn key aspects of the budget provisions concerning the illicit cannabis market.

Revised New York Adult-Use Cannabis Regulations: What You Need to Know

By Michelle Bodian, Elliot Choi, Brandon Kurtzman, Charles Alovisetti
May 11, 2023

On May 11, 2023, New York’s Cannabis Control Board voted to approve the revised adult-use cannabis regulations. The Office of Cannabis Management (OCM) has indicated adult-use cannabis applications will open up in the fall, meaning these revised regulations will function as our roadmap. This article outlines key changes in the revised regulations.

Key Aspects of New York's Cannabis Law and Draft Regulations

By Charles Alovisetti
May 8, 2023

New York's Cannabis Control Board meets this week and a revised set of draft regulations, reflecting comments from the initial period, is expected to be released before the meeting. Attend our webinar on May 17 for a deep dive into the revised regulations.

New York Cannabis Regulators Make the Environment a Top Priority for All Licenses

By Michelle Bodian, Bridgette Nikisher
Aug 24, 2022

We anticipate New York's adult-use cannabis rules will be one of the country's strictest in terms of environmental and energy standards and best practices for water and energy conservation. Regardless of what license type you're interested in pursuing or have already obtained, you'll need to add "environmental considerations" to your mental to-do list.

New York Conditional Adult-use Cannabis Retail Dispensary Regulations Will Fast-track Licensing and Prioritize Justice Involved Individuals

By Michelle Bodian, Jennifer Cabrera, Bridgette Nikisher
Aug 16, 2022

On August 12, 2022, New York state announced the application window for Conditional Adult-Use Retail Dispensary Licenses (CAURD), which will be the first batch of adult-use retail licenses released in New York. CAURD applications will be available starting August 25, 2022 and close on September 26, 2022.

How to Get Started on Your New York Cannabis Business License Application

By Brandon Kurtzman, Bridgette Nikisher
Jul 5, 2022

To beat the summer slump, VS’s New York team created an eight-part series of VS Insights to help you prepare for your New York cannabis business license application. Read the first article of the series, which focuses on helpful tips to put your best foot forward for the licensing process.

Cannabis State Regulatory Agencies

By Jennifer Cabrera, Jen Flanagan
Jan 29, 2022

This LexisNexis practice note offers a greater understanding of the varied processes that impact the legalization of cannabis at the state level and discusses how evolving state statutes and regulatory structures impact the adult-use cannabis industry.

10 Updates on New York’s Cannabis Market

By Charles Alovisetti, Michelle Bodian, Brandon Kurtzman
Jan 18, 2022

While we still don’t have draft or final cannabis regulations, applications, or a definitive timetable, plenty of new information has come out since legalization. Read this article for ten key updates about New York’s market in the past year.

New Law Regulates Hemp and Hemp Extracts in New York

By Jennifer Cabrera, Counsel; David Kramer, Senior Associate; Michelle Bodian, Senior Associate
Dec 19, 2019

A summary of New York's newly signed hemp law, one of the most comprehensive state laws regulating the cultivation, manufacture, and sale of hemp and hemp extracts.

Workshop: Medicinal and Therapeutic Uses of Cannabis

Aug 15, 2019

VS Counsel Jennifer Cabrera will lead a workshop at Union County College where attendees will learn how cannabis works, how patients can acquire it in New Jersey, and the benefits, side effects and risks associated with medical marijuana use.