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<![CDATA[California may be one of the largest cannabis markets in the world, but opportunities abound in the Northeast, especially now that New Jersey and New York have legalized adult-use, according to Jay Czarkowski, founding partner and licensing expert at cannabis business consulting firm Canna Advisors.The Canna Advisors team, which recently opened an office in the Empire State Building, expects New York to issue draft regulations on adult-use cannabis business licensing by the end of March."I've heard over a period of time, from multiple sources, that there may be somewhere around 750 business licenses that the state's going to issue, which is a good number," Czarkowski says. "It's not a lot by any means. I think there could certainly be many more, but it's a fair number of licenses."In any case, a limit on the number of licenses issued means it will be a competitive licensing process in the Empire State, and Czarkowski says there are ways for entrepreneurs to increase their chances of securing a license, even before the regulations are finalized.RELATED: 4 Ways to Prepare for the Cannabis Licensing ProcessHere is what he says potential applicants should be doing right now to get ahead of the competition.1. Secure commercial real estate.Whether it's a grow operation, a processing facility or a dispensary, a cannabis business cannot begin operations without a physical location."And that real estate can't be your garage or your basement in the house that you rent," Czarkowski says. "It needs to be a commercial property, and you also need local support."Czarkowski recommends identifying real estate in a cannabis-friendly city, town or county that will not only grant the business local approval to operate, but will also work with cannabis business owners on building permits and zoning issues.2. Find a supportive municipality and start building community relationships.Czarkowski says the…
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Source : How to Win a Cannabis License in New York: 4 Tips for Success
reposted by Cannabis News World
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