BREAKING: NY Supreme Court Lifts Cannabis Licensing Injunction, Process Resumes For Hundreds Of Retailers – Curaleaf Holdings (OTC:CURLF), Acreage Holdings (OTC:ACRHF)
The legal standoff that has prevented cannabis dispensaries across New York State from getting their licenses to operate was resolved late Friday when the NY Supreme Court lifted an injunction preventing the Office of Cannabis Management (OCM) from processing Conditional Adult Use Retail Dispensary —or CAURD— dispensary licenses. That injunction had been in place since August when a group of […]
Turning Over A New Leaf In New York? Cannabis Dispensaries Await Movement After Crucial Lawsuit Settlement – Curaleaf Holdings (OTC:CURLF), Acreage Holdings (OTC:ACRHF)
The New York State Cannabis Control Board (CCB) achieved a critical breakthrough in overcoming a legal impasse obstructing the establishment of numerous cannabis dispensaries in the state. What Happened: In a unanimous decision during Monday’s meeting, the board endorsed a settlement agreement linked to an ongoing lawsuit, potentially paving the way for the removal of […]