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The Seeding Opportunity Initiative provides opportunities for farmers, entrepreneurs and individuals that have been impacted by the War on Drugs. SOI to provide Equity Owners Lead Program; Farmers First Program; and The New York Social Equity Cannabis Investment Program.
On March 10, 2022, New York Governor Kathy Hochul, the Cannabis Control Board and Office of Cannabis Management (“OCM”) introduced the Seeding Opportunity Initiative (“SOI”). This...
The first executive director of the city’s Department of Cannabis Regulation will be pursuing other professional opportunities.
People with past marijuana convictions or close family members will be the first group eligible to apply for licenses to run a recreational marijuana dispensary. This will give New York a chance to invest early into communities that were disproportionately impacted by weed being illegal.