Close Menu
  • Home
  • News
  • Lifestyle
  • Law
  • Business
  • Education

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Ohio GOP Seeking to Change Voter-Approved Adult-Use Cannabis Law

May 30, 2025

U.S. Court of Appeals Rejects Legal Challenge Claiming Cannabis Prohibition is Unconstitutional

May 29, 2025

Montana Gov. Signs Bill Reserving $12M of Cannabis Tax Revenues for ‘Habitat Legacy Account’

May 28, 2025
Facebook X (Twitter) Instagram
Sunday, June 1
  • Home
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram LinkedIn VKontakte
Smoke Professional
  • Home
  • News

    More Than 1,000 Arrested in Sweep of U.K. Weed Grows

    July 8, 2023

    Scotland Calls On UK To End ‘Failed’ Drug War With Decriminalization And Harm Reduction Approach

    July 8, 2023

    Germany’s draft law for first phase of cannabis reform

    July 8, 2023

    High Times Cannabis Cup Illinois: People’s Choice Edition 2023 Kicks Off

    July 8, 2023

    Pennsylvania Committee Advances Expansion to State Medical Cannabis Program

    July 7, 2023
  • Lifestyle

    How Watching the News Can Trigger Anxiety and Panic Attacks

    October 28, 2024

    Record High Cannabis and Hallucinogen Use Among Adults

    October 27, 2024

    Weekend Sleep Catch-Up May Lower Heart Disease Risk by 20%

    October 27, 2024

    Energy Drinks Linked to Poor Sleep Quality and Insomnia

    October 26, 2024

    First Psychedelic Church for Magic Mushrooms

    October 26, 2024
  • Law

    Ohio GOP Seeking to Change Voter-Approved Adult-Use Cannabis Law

    May 30, 2025

    Federal Lawmakers Call for Medicaid Fraud Investigation Into Florida Anti-Cannabis Political Group

    May 26, 2025

    Minnesota Ends Criminal Penalties for Bong Water

    May 23, 2025

    Minnesota Bill to Set Up Adult-Use Cannabis Industry Moves to Governor

    May 22, 2025

    Pennsylvania House Passes Cannabis Legalization Bill

    May 8, 2025
  • Business

    U.S. Court of Appeals Rejects Legal Challenge Claiming Cannabis Prohibition is Unconstitutional

    May 29, 2025

    Montana Gov. Signs Bill Reserving $12M of Cannabis Tax Revenues for ‘Habitat Legacy Account’

    May 28, 2025

    Minnesota Tribe Signs Agreements to Open Adult-Use Dispensaries Off Tribal Land

    May 28, 2025

    Washington to Issue New Social Equity Cannabis Licenses This Summer

    May 27, 2025

    DEA Raid Confiscates Over 29,000 Cannabis Plants in New York

    May 26, 2025
  • Education

    CBD and the Aging Population—What Science Says Today

    March 12, 2025

    Wholesale Nootropic Skincare: Boost Your Product Line

    March 10, 2025

    Ideal for Your Business Needs

    March 8, 2025

    A Must-have For Every Smoke Shop

    March 3, 2025

    The Perfect Addition to Your Product Line

    March 1, 2025
Smoke Professional
You are at:Home»Law»New York Cannabis: CAURD Rollout Not So Smooth
Law

New York Cannabis: CAURD Rollout Not So Smooth

adminBy adminMay 18, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

As many familiar with the current status and issues facing New York State cannabis and specifically the conditional adult use retail dispensary (“CAURD”) licenses know, there are a multitude of problems that CAURD Licensees are facing and some of them are fed up. To that extent, on May 9, 2023, at least eight (8) CAURD Licensees sent an open letter to the Dormitory Authority of the State of New York (“DASNY”), the Office of Cannabis Management (“OCM”) and the Cannabis Control Board (“CCB”) voicing their concerns in the hopes of getting a meeting with those authorities to iron out some issues that have arisen since the awarding of their respective CAURD licenses.

Issues faced by CAURD licensees

Below is a non-exhaustive summary of some of the issues raised in the letter at issue. This summary is representative of some of the challenges the CAURD licensees are facing.

One of the biggest challenges for CAURD Licensees is finding and building out their retail space. DASNY can reject proposed locations based on information only they have access to, without any independent oversight. DASNY while being tasked with securing locations for the CAURD licensees is also the same governmental agency approving locations for licensees opting to not participate in its location assignment initiative. Such a system provides DASNY with an effective monopoly over where the Licensees can rent space or operate. Even though the OCM has allowed licensees to secure their own location, licensees still must compete with DASNY, which has more leverage and power in the real estate market.

Moreover, DASNY has been painfully slow to respond, if at all, to site plan approvals or provide any insight into the process or financial terms for the leased spaces. Upon acceptance of a dispensary location, Licensees are then forced to use contractors identified by DASNY and are provided with no insight into the scope of buildouts, nor the details of budgeting for the buildout costs they will be responsible for paying over the term of the lease. It is said that these contractors are quoting well above market prices and the Licensees have no ability to negotiate these costs.

The only real estate options made available by the Fund seem to have extremely high rents, where success is not possible given the slow early adoption of legal retail shops in opposition to the many illicit alternatives

Incredibly, the governmental entities are asking CAURD licensees to agree to leases referencing financing agreements without ever being provided with those financing agreements. It is common sense that no diligent and responsible business owner can be expected to sign a contract under these conditions.

What’s next for CAURD?

We sincerely hope DASNY, OCM and CCB take the concerns identified in the May 9 letter seriously. We’ve been following many of these issues on the blog for a while now, and we have been dealing with them on behalf of clients from here in our New York office.

For more general information on New York cannabis program timelines, including rules and licensing, see our summary of CCB’s meeting last week here.

Source link

cannabis CAURD Rollout Smooth York
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticlePlant Medicine & Coronaviruses – What We Already Know
Next Article Key GOP Congressman Says He’ll Review Federal Ban On Marijuana Sales In D.C. After Mayor Raises Safety Concerns
admin
  • Website

Related Posts

Ohio GOP Seeking to Change Voter-Approved Adult-Use Cannabis Law

May 30, 2025

U.S. Court of Appeals Rejects Legal Challenge Claiming Cannabis Prohibition is Unconstitutional

May 29, 2025

Montana Gov. Signs Bill Reserving $12M of Cannabis Tax Revenues for ‘Habitat Legacy Account’

May 28, 2025

Comments are closed.

Our Picks

Ohio GOP Seeking to Change Voter-Approved Adult-Use Cannabis Law

May 30, 2025

U.S. Court of Appeals Rejects Legal Challenge Claiming Cannabis Prohibition is Unconstitutional

May 29, 2025

Montana Gov. Signs Bill Reserving $12M of Cannabis Tax Revenues for ‘Habitat Legacy Account’

May 28, 2025

Minnesota Tribe Signs Agreements to Open Adult-Use Dispensaries Off Tribal Land

May 28, 2025
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Law

Ohio GOP Seeking to Change Voter-Approved Adult-Use Cannabis Law

By adminMay 30, 20250

Republican lawmakers in Ohio are seeking to make changes to the 2023 cannabis legalization law approved…

U.S. Court of Appeals Rejects Legal Challenge Claiming Cannabis Prohibition is Unconstitutional

May 29, 2025

Montana Gov. Signs Bill Reserving $12M of Cannabis Tax Revenues for ‘Habitat Legacy Account’

May 28, 2025

Minnesota Tribe Signs Agreements to Open Adult-Use Dispensaries Off Tribal Land

May 28, 2025

Subscribe to Updates

Get the latest creative news from Smoke Unlimited about Weed & CBD vaping.

From Our Partners
About Us
About Us

Get all the current news stories, latest trends and legislation regarding cannabidiol, products, usages and its benefits. So don’t miss out any buzz and stay tuned! We offer a minute to minute updates regarding Marijuana industry.

Facebook X (Twitter) Instagram Pinterest
Our Picks

Ohio GOP Seeking to Change Voter-Approved Adult-Use Cannabis Law

May 30, 2025

U.S. Court of Appeals Rejects Legal Challenge Claiming Cannabis Prohibition is Unconstitutional

May 29, 2025

Montana Gov. Signs Bill Reserving $12M of Cannabis Tax Revenues for ‘Habitat Legacy Account’

May 28, 2025
Sponsors
Copyright © 2025. SmokeProfessional
  • Home
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.