Current:Home > FinanceNew York could see more legal pot shops after state settles cases that halted market -Ascend Wealth Education
New York could see more legal pot shops after state settles cases that halted market
Chainkeen Exchange View
Date:2025-04-07 02:26:23
ALBANY, N.Y. (AP) — New York could soon start to get more recreational marijuana dispensaries after a judge on Friday approved legal settlements to end lawsuits that halted the state’s legal cannabis licensing program.
The settlements lift a court order that has blocked the state from processing or issuing retail marijuana licenses since August. State officials said the agreement will allow more than 400 potential retailers to move forward with pending applications to open storefronts.
“With this settlement behind us, hundreds of new licenses can now move forward, new stores will open, and consumers can legally buy safer, legal, tested cannabis products from New York-based entrepreneurs and small businesses,” Gov. Kathy Hochul said in a statement.
The state’s legal market has been in shambles since sales began about a year ago. Bureaucratic problems and lawsuits have allowed only about two dozen legal dispensaries to open, as farmers sit on a glut of crops and black market shops fill the void.
Last summer, State Supreme Court Justice Kevin Bryant blocked the state from processing or issuing new permits after two lawsuits — one filed by a group of four military veterans and the other by a coalition that included large medical marijuana companies — challenged state rules that promised many of the first retail licenses to people with past drug convictions.
State cannabis regulators this week announced settlements in the cases, with Bryant formally approving the deals Friday.
The agreements grant provisional dispensary licenses to the military veterans and outlines a process where the state will work with the medical marijuana companies on their applications to ensure they can sell recreational cannabis at their stores at the end of the month.
A representative for the group of veterans did not immediately comment Friday. An attorney for the coalition of medical marijuana companies did not return an emailed request for comment.
veryGood! (6856)
Related
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- What is May Day? How to celebrate the spring holiday with pagan origins
- Nick Cannon and Mariah Carey’s Twins Look All Grown Up on 13th Birthday
- Police clear pro-Palestinian protesters from Columbia University’s Hamilton Hall
- Meta releases AI model to enhance Metaverse experience
- Montana man gets 2 1/2 years in prison for leaving threatening voicemails for Senator Jon Tester
- How Isabella Strahan Is Embracing Hair Loss Amid Cancer Journey
- Donald Trump receives earnout bonus worth $1.8 billion in DJT stock
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Court case over fatal car crash raises issues of mental health and criminal liability
Ranking
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- The Ultimatum's April Marie Is Pregnant, Expecting Baby No. 2 With Cody Cooper
- Kelly Clarkson mistakes her song for a Christina Aguilera hit in a game with Anne Hathaway
- Dance Moms' JoJo Siwa and Kalani Hilliker Reveal Why They’re Still Close to Abby Lee Miller
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- 'The Fall Guy' review: Ryan Gosling brings his A game as a lovestruck stuntman
- Google and Apple now threatened by the US antitrust laws helped build their technology empires
- How rare Devils Hole pupfish populations came back to life in Death Valley
Recommendation
Most popular books of the week: See what topped USA TODAY's bestselling books list
Tiger Woods goes on Jimmy Fallon, explains Sun Day Red, has fun with Masters tree memes
Former students of the for-profit Art Institutes are approved for $6 billion in loan cancellation
Why Melanie Lynskey Didn't Know She Was Engaged to Jason Ritter for 3 Days
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
'An Officer and a Gentleman' actor Louis Gossett Jr.'s cause of death revealed
Richard Simmons Defends Melissa McCarthy After Barbra Streisand's Ozempic Comments
Paul Auster, prolific and experimental man of letters and filmmaker, dies at 77