420 with CNW — New York to Start Receiving Social Equity Cannabis Business Applications

Aug 23, 2022

One thing most experts agree on is that the war on drugs was a failure, leading to the incarceration of tens of thousands of people on minor drug charges and decimating communities of color. As such, most state marijuana legalization bills contain social equity provisions that are meant to reinvest in these historically disadvantaged and overpoliced communities.

New York, which legalized recreational cannabis in early 2021, is set to start receiving applications for social equity retail licenses. State officials recently announced that the…

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About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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