{"id":232447,"date":"2021-01-16T00:44:55","date_gmt":"2021-01-16T00:44:55","guid":{"rendered":"https:\/\/cannabisindustrylawyer.com\/?p=232447"},"modified":"2025-07-14T17:14:18","modified_gmt":"2025-07-14T23:14:18","slug":"new-york-small-business-cooperative-license","status":"publish","type":"post","link":"https:\/\/cannabisindustrylawyer.com\/new-york-small-business-cooperative-license\/","title":{"rendered":"New York Small Business Cooperative License"},"content":{"rendered":"
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New York may become the sixteenth state to legalize marijuana, as Gov. Cuomo renewed his vow to legalize marijuana in 2021. And considering the positive implications that this multi-millionaire industry may bring to the state’s economy, along with the legalization of weed in the neighboring state<\/a>, New Jersey, this time the proposal might be able to pass.<\/span><\/p>\n

In this sense, this is the perfect opportunity for any cannabis entrepreneur in New York to hop on the industry. But as in any other state, there\u2019s a fair amount of prepping that needs to be done in order to get a license<\/a>.<\/span><\/p>\n

This time we\u2019ll get into the requirements established -so far- for the New York small business cooperative license. Take into consideration that these requirements will likely suffer some changes with time, however, it\u2019s good to keep them in mind from now: it\u2019s never too early to start working on the compliance aspect of your business.<\/span><\/p>\n

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What\u2019s the small business cooperative license?<\/strong><\/h2>\n

\"newNew York small business cooperative license authorizes its holder to acquire, possess, cultivate, process, and sell cannabis from the licensed premises of the adult-use cooperative by such licensee to duly licensed distributors, on-site consumption sites, and\/or retail dispensaries; but not directly to cannabis consumers.<\/span><\/p>\n

In order to obtain a New York small business cooperative license, the cooperative must comply with the following requirements:<\/span><\/p>\n