New York Paves The Way For Cannabis Farmers' Markets With 'Cannabis Growers Showcases'

In a groundbreaking move, New York is blazing a trail for cannabis entrepreneurs by accepting applications for cannabis farmers' markets, signaling a giant step towards normalizing the thriving industry.

New York's CGS: Cannabis Entrepreneurs Gear Up for Green Commerce

Dubbed the "Cannabis Growers Showcases" (CGS), these events are set to transform various locations across the state into green hubs of innovation and commerce.

These events will be permitted at various locations, but on-site consumption and alcohol sales are prohibited.

Applicants must have at least three licensed adult-use cannabis cultivators and one conditional retail licensee, with additional vendors required for every three cultivators.

The markets will run until January 1, 2024, as traditional retailers are being prepared to open.

Furthermore, the state has approved 212 provisional retailer licenses, aiming to have the shops operational within six months to a year, reported Marijuana Moment.

The Benzinga Cannabis Capital Conference, the place where deals get done, is returning to Chicago this Sept 27-28 for its 17th edition. Get your tickets today before prices increase and secure a spot at the epicenter of cannabis investment and branding.

Now Read

Photo by Shelley Pauls on Unsplash

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Cannabis is evolving – don’t get left behind!

Curious about what’s next for the industry and how to leverage California’s unique market?

Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!

Get your tickets now to secure your spot and avoid last-minute price hikes.