After a slow start, the pace of New York’s legal cannabis market rollout is picking up. Now one industry group is warning regulators not to overdo it.
The Cannabis Association of New York president Damien Cornwell this week sent a letter to the state’s Cannabis Control Board.
He said Governor Kathy Hochul’s plan to ramp up the licensing process could be disastrous for current licensed operators.
“We believe that this approach, if implemented without proper analysis and stakeholder input, will have disastrous consequences for the fledgling industry and public health,” he wrote.
New York’s legal, adult-use cannabis market has taken a long time to get up and running after facing lawsuits and social equity licensing issues.
Earlier this month, the state said it now has more than 100 legal cannabis shops open.
But New York City and other spots are still grappling with thriving illicit markets.