YES CANNABIS

NEW YORK

Regulatory Agency: Cannabis Control Board (CCB) and The Office of Cannabis Management (OCM)

Program: Medical and Adult-Use

License Types: Cultivator, Nursery, Processor, Distributor, Cooperative, Micro-businesses, Retail Dispensary, On-site Consumption, Delivery, Registered Organization Adult-Use Cultivator Processor Distributor Retail Dispensary, Registered Organization Adult-use Cultivator Processor Distributor;

Special Conditional Licenses for certain social equity groups: Conditional Cultivation (only for hemp cultivators licensed for at least 2 years prior to 12/31/21), Conditional Processor (only for hemp processors licensed for at least 2 years prior to 12/31/21), Conditional Retailer (only available to persons and entities that meet “Justice Impacted” criteria).

License Fees: TBA

Application Fees: $2,000

Traceability: TBA

New York has the 2nd Largest Cannabis Market in the World

Estimated to be worth $2.7 B Market by 2025

Estimated 3.2M Cannabis Consumers

Total Population: 20.2M

Early Medical & Recreational Market

Brand Sales

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