Thousands still waiting to open dispensaries 5 years after N.Y. legalized pot
There is a backlog of thousands of applicants who have been waiting years for approval to open legalized dispensaries in New York.
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There is a backlog of thousands of applicants who have been waiting years for approval to open legalized dispensaries in New York.
It's been five years since New York legalized recreational marijuana, and while the industry has generated billions of dollars in sales, CBS News New York's Ali Bauman found there is still a backlog of thousands of applicants who have been waiting years for approval to open shop.
Dispensaries were approved to open if they were at least 500 feet away from schools, but the state says it miscalculated.
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A court order has blocked the state from processing or issuing retail marijuana licenses since August.
Hundreds of marijuana dispensaries could soon open in New York. The state Supreme Court has lifted a preliminary injunction that had prevented the Office of Cannabis Management from processing or reviewing retail licenses. Read more: https://cbsloc.al/3N7YjPv
A judge ruled Gotham Buds, across from the Apollo Theatre, is exempt from an injunction blocking the Office of Cannabis Management from opening any other dispensaries while a lawsuit proceeds against its licensing program.
A judge ruled the business can move forward and begin sales. CBS New York's Alice Gainer reports.
Despite initial pushback from the local business improvement district, opening of Gotham Buds is moving forward.
Gotham Buds will be located across the street from the famed Apollo Theater. CBS New York's Jessica Moore reports.
The court issued an injunction stopping the state from processing new applications for retail licenses.
New dispensaries are on hold as a lawsuit brought by disabled veterans makes its way through the courts, CBS New York's Christina Fan reports.
A New York judge has blocked retail marijuana licensing. The ruling is a setback for many people trying to get into the growing industry. CBS New York's Ali Bauman explains. Read more: https://cbsloc.al/47CGKQ2
In another blow to New York's rollout of recreational marijuana, licensing remains on hold after a judge sided with a group of disabled veterans. Read more: https://cbsloc.al/47CGKQ2
Statewide, illicit sales are expected to be $5.4 billion and licensed sales are projected to be only $2 billion.
These marijuana markets are expected to pop up all over New York in the coming months.
New York's struggling recreational pot industry has hit another roadblock. As CBS New York's Jennifer McLogan reports, a judge has temporarily stopped the state from issuing any new retail cannabis licenses.
It follows a lawsuit that claims the state has kept licenses from disabled veterans and other minority groups.
Shoppers said they prefer the regulated marijuana market because they know exactly what they're buying.
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