FAQs

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FAQ NY Cannabis Business
Category: Cannabis
Yes, soon by the Office of Cannabis Management
Category: Cannabis
This is Yes if you received your license without social equality and No ( you must hold license for a pre- determined time period before being able to sell)
Category: Cannabis
must have “a significant presence” in New York. Corporations and other legal entities must: Have a principal corporate location in New York, Be incorporated (or otherwise organized) under the laws of New York, or Have a majority of its ownership be residents of New York.
Category: Cannabis
The OCM descides on many factors including, 1. The number and types of other licenses nearby 2. The effect it would have on foot and car traffic 3. The possible noise levels 4. The environmental impact "like water and energy usage, carbon emissions, waste, pollutants, or single-use plastics") 5. If you have a history of violations and compliance with labor law, safety and tax laws. 6. Your moral character. 7. Whether you have entered into a labor peace agreement with labor organization that represents your future employees. 8. Your track record if you have owned other medical marijuana business in NY.
Category: Cannabis
You are required to submit a $10,000 non-refundable fee and a refundable registration fee in the amount of $20,000.
Category: Cannabis
1.Racial and ethnic information 2.Ownership and investment information (including corporate structure) 3.Evidence of good moral character (including fingerprinting) 4. Information about the premises to be licensed 5. Your financial statements
Category: Cannabis
It's recommend that you consult with a cannabis attorney. MRTA understands that an applicant may be an individual, sole proprietorship, partnership, LLC, or corporation.
Category: Cannabis
NO.
Category: Cannabis
NO.
Category: Cannabis
Yes, Yes and some Yes. The OCM will be examining every aspect of your new business application.