New York Launches Accelerator Program For Adult-Use Dispensary Owners
New York regulators have announced the launch of a training program for retailers
New York cannabis regulators last week offered new assistance to entrepreneurs in the state’s emerging cannabis industry with the launch of an accelerator program for recreational marijuana dispensary owners. Under the new program announced by the New York Office of Cannabis Management (OCM) on Friday, the state’s Conditional Adult-Use Retail Dispensary (CAURD) license holders will receive training and services to help grow their businesses.
The launch of the accelerator program is the result of a months-long search by state officials for an organization with demonstrated expertise in cannabis retail education and the capacity to conduct intensive acceleration for licensees across the state. The search resulted in the selection of Our Academy, a minority women-led nonprofit organization that has provided training for cannabis social equity entrepreneurs in weed-legal states across the country.
“We’re grateful to be supporting the next generation of diverse cannabis dispensary founders and community leaders in New York,” Hilary Yu, co-founder and executive director of Our Academy, said in a statement from the OCM on Friday. “Since starting this work four years ago, we have worked with many cannabis equity applicants, operators and others harmed by the war on drugs and we are excited to bring our mentorship driven, peer-to-peer approach to one of the country’s largest and most promising markets.”
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