The New York State Cannabis Control Board (CCB) held its December meeting to approve new adult cannabis licenses, market share and social equity updates, and highlight ongoing investments in community reinvestment, education and public health initiatives.
The meeting included remarks from Susan Filburn, Acting Executive Director of the New York State Office of Cannabis Management (OCM), who outlined the agency’s focus on stability, accountability and effective governance as the market enters its next phase of development. Overall, December’s CCB meeting reflected continued growth, oversight and long-term market health, reinforcing New York’s commitment to a safe, fair and fully regulated cannabis industry.
At the meeting, the CCB approved 38 new adult licenses, bringing the total number of adult licenses issued across the state to 2,063. Of the licenses approved in December, 44 percent were granted to Social and Economic Equity (SEE) applicants, emphasizing that as the market matures the State continues to have an equitable share. The newly approved licenses include two Adult Use cultivation licenses, four adult distributor licenses, five adult microbusiness licenses, 13 adult processor licenses, 10 adult retail dispensary licenses and the latest four adult conditional retail store licenses.
“Over the past year, the Office of Cannabis Management has made significant progress in establishing a market for cannabis,” Filburn said. “This progress has been driven by our commitment to support this emerging industry. We remain committed to protecting public health and safety, advancing a legal marketplace driven by equity, and supporting a stable industry that contributes to New York’s economy.”
“We remain focused on continued progress and responsible regulation,” said Jessica García, president of the Cannabis Control Commission. “This month’s approvals reflect the Board’s commitment to fairness, compliance and long-term market stability. Every decision we make is guided by our responsibilities to protect consumers, support licensees and serve communities throughout New York State.”
OCM also provided an update on the transition to the New York statewide seed sales tracking system being implemented in partnership with Metrc. To help reduce implementation costs, Metrc provides 20 million unique retail item identifiers at no cost to licensed processors. OCM also adjusted key deadlines, requiring Metrc certification by December 17 and extending the deadline for vendors to access existing inventory to January 12, 2026. Once fully implemented, the system is expected to improve product transparency, strengthen supply chain oversight, and protect consumer safety. OCM will continue to provide training and technical support to licensees. Additional information about New York’s seed-to-sale system is available at cannabis.ny.gov/seed-to-sale.
New York’s regulated cannabis market continues to show steady consumer demand, with retail sales increasing month over month. OCM expects the state to close 2025 with about $1.65 billion in legal cannabis sales. The week of November 23-29 was the largest sales week on record, driven in part by a strong Green Wednesday, which generated approximately $2.2 million in increased sales. This represented a 24.5 percent increase in sales and a 56.1 percent increase in units sold compared to Green Wednesday 2024. Overall sales for the week were up 7.1 percent compared to the previous week.
As competition continues to spread throughout the supply chain, prices have fallen across all product categories. At the same time, sales per store have remained stable, indicating that licensed retailers continue to capture consumer demand despite price pressure.
Equity continues to be a distinguishing feature of market growth. Of the 38 adult-use licenses approved in December, 18 were issued to SEE applicants, 44 percent of the month’s approvals. Across the adult-use market, 57 percent of all licenses issued statewide are held by SEE companies, including minorities, women, service-disabled veterans, disproportionately impacted communities and distressed farmers.
SEE representation remains strong across the supply chain, with 38 percent of growers, 46 percent of processors, 39 percent of distributors, 58 percent of micro-enterprises and 85 percent of retail dispensaries.
To date, there are 545 legal dispensaries open for business throughout the Empire State. A complete list of licensed and operational adult-use cannabis dealers in New York is available at the link here.
Source: New York State Office of Cannabis Management