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A ticket for the June 8 cannabis business awards formal affair includes an extended open-bar cocktail and networking hour, 'green carpet' experience and the awards show.
Three applicants were approved in various locations, while two others were tabled over concerns about their business vision.
In New York, you can't legally purchase cannabis anywhere but possession up to a certain amount is no longer a crime. That can be confusing to consumers and potential sellers.
Aspiring entrepreneurs are facing significant challenges entering the state's cannabis industry, including fierce competition for licenses, local barriers to entry and sparse warehouse space.
Extra fees and application requirements in some municipalities on those looking to open marijuana businesses may favor big companies over small businesses.