57% of New York Adult-Use Cannabis Licenses Held by Social Equity Applicants 

New York now has 1,904 adult-use cannabis license holders, 57% of which are
held by Social and Economic Equity licensees. In September, the state
approved 46 additional adult-use licenses, including 14 processors, 12
dispensaries, eight cultivators, four distributors, and
four microbusinesses. The state also finalized four licenses approved under
its conditional adult-use license program.

In a statement, Jessica García, chair of the Cannabis Control Board (CCB),
said the agency’s “work extends far beyond issuing licenses and setting
regulations, it’s about shaping a cannabis industry that truly reflects the
values of New York.”

“Every decision we make is rooted in equity, transparency, and a long-term
vision for a thriving market. Together with OCM, we are building a system
that communities can trust, one that creates opportunity, protects public
health, and ensures this industry serves every corner of our state for
generations to come.” — García in a press release

During their September meeting, the CCB also approved a measure to extend
all provisional conditional adult-use licenses and provisional adult-use
licenses until December 31, 2026, in an effort “to address confusion around
varying expiration timelines.”

So far this year, adult-use cannabis sales have totaled $1.06 billion
through the state’s 464 licensed dispensaries.