A dozen cannabis businesses in New York City are suing the state Office of Cannabis Management (OCM) over a newly reinterpreted school-distance rule that threatens their operations. This change measures distance from a school's property line, affecting 152 dispensaries. Businesses argue they invested heavily based on prior approvals and fear losing everything. The group requests legislative action to address this reinterpretation and implement protections for impacted license holders. Support from state officials has been expressed, but a swift resolution remains uncertain, with calls for immediate legislative sessions.
A dozen NYC-based cannabis businesses are suing the Office of Cannabis Management over a new school-distance rule that threatens their operations and equity objectives.
The lawsuit claims that businesses made significant investments based on prior school-distance regulations, which have now been abruptly changed, jeopardizing their livelihoods.
Business owners allege they signed long-term leases and invested heavily after receiving approval from the Cannabis Control Board, who confirmed their compliance with the previous law.
The group calls for immediate legislative action to address the reinterpretation of the distance rule and offer potential retroactive protection for affected businesses.
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