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New York

What marijuana/cannabis businesses can you start in New York?

On July 5, 2014, Gov. Andrew Cuomo signed a limited medical marijuana bill into law, which included several revisions he insisted upon. After 18 years of work, led by tireless Assemblyman Richard Gottfried, New York is now the 23rd state with an effective medical marijuana law.

The bill gives the state and Department of Health 18 months to enact regulations and install a patient and business infrastructure to allow for the cultivation and sale of medical marijuana to qualifying patients.

Registered organizations or “RO’s” are companies, either for or not-for-profit organizations that the state will license to produce and dispense medical marijuana.

The state will not license more than 5 RO’s, which can each operate 4 dispensaries (for a total of 20 dispensaries). The state can add more RO’s if they determine a need for more.

So in order to do anything within the state, you'll have to first be licensed to Grow/Cultivate Medical Marijuana Legally in New York in order for you to be able to Open A Medical Marijuana Dispensary in New York.

What can you do right now?

To get ahead and be prepared for when the state will opens its program for licensing marijuana businesses, you should:

  • Draft a marijuana company business plan to understand costs associated with setting up a marijuana business, as well as projected revenues and financials that will allow you to decide whether this venture is for you or not, as well as be used for licensing purposes when the state allows marijuana businesses to apply for licenses. 
  • Download a free starter package to give you a general overview of what to expect when New York opens their marijuana business program.
  • Sign up for our email list to be notified about breaking news and product releases specifically for New York.

The latest marijuana industry news, laws, & frequently asked questions for New York.