New York’s Cannabis Control Board Approves 36 New Conditional Grow Licenses

NEW YORK – Members of New York’s Cannabis Control Board approved 36 new conditional cannabis cultivator licenses during a meeting on Thursday, May 5th.

According to a local news report, with the first 52 farms approved during last month’s meeting, the newly issued licenses bring the total number of farms permitted to grow cannabis in the state to 88.

Farms approved for conditional licenses are permitted to grow cannabis in a green house with up to 20 artificial lights or outside.

These recent approvals comes on the heels of CCB Chair Tremaine Wright’s prediction, during a Central Harlem Community Board forum, that cannabis grown by conditionally licensed farmers will be available in dispensaries this fall. Wright also announced that conditional dispensary license holders will be able to receive loans from the $200 million cannabis social equity fund.

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