Posted inMarijuana

Hundreds of Licensed Cannabis Stores Blocked by Lawsuit Could Finally Open

Hundreds of people impacted by cannabis-related criminal charges will finally be allowed to move forward with the pot-shops they had already been granted licenses for — if the terms of a settlement agreement filed Tuesday are approved. With marijuana legalization in 2021, the state created a special class of license called the Conditional Adult-Use Retail […]

Posted inMarijuana

NY Promised Pot Store Loans Would Build Wealth and Create Equity. Instead, They’re Loading Businesses With Steep Costs.

In January 2022, Gov. Kathy Hochul outlined a bold vision to support the ambitious social-equity goals of New York’s new cannabis law: The state would create a $200 million fund to build out ready-to-open dispensaries in prime locations for retail licensees with past cannabis-related convictions. This, lawmakers and regulators agreed, was a chance for those […]

Posted inEnvironment

Uncertain Future for Solar, Wind Projects as New York Rejects Funding Boost

The state Public Service Commission (PSC) on Thursday rejected a request by developers of wind and solar for a financial boost. The decision by the commission, which regulates utilities and oversees rates, raises questions over whether the key clean energy projects — planned around the state and in the Atlantic Ocean — will move forward […]