Over 50 New Adult-Use Cannabis Licenses Approved by State – Finger Lakes Daily News

May 21, 2025

HomeRegional StatewideOver 50 New Adult-Use Cannabis Licenses Approved by State

Thu, May 22, 2025 by

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At its monthly public meeting held in Buffalo, the New York State Cannabis Control Board (CCB) approved more than 50 adult-use licenses.

The Board also approved three proposed dispensary locations of Registered Organizations from the application pool that closed in December 2023, once again expanding access for medical cannabis patients in New York.

The Office of Cannabis Management also discussed the progress of its Seed-to-Sale system, which tracks the lifecycle of cannabis from the time of planting, through harvest, processing, packaging, laboratory testing, and sale to a consumer. The Office announced key integration dates for licensees, including cultivators, microbusinesses, processors, and licensed retail dispensaries.

Cannabis growth continues as retail sales totaled $1.58 billion following the third consecutive month of revenue gains. Sales in 2025 alone have reached nearly $500 million early into the year, with 420 bringing in record-breaking weekly revenue.

The week of 4/20 saw a 14% revenue bump compared to the preceding four-week average, marking the -best sales week for the NY market ever, with over $31 million in sales. The state estimates that the holiday drove an additional $4 million in review for the week compared to the preceding weeks. Additionally, 4/20 sales were 18% higher than the same day last year, reflecting continued strong market growth.

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