By A.J. Herrington, Forbes on April 6, 2023
Cannabis regulators in New York this week issued a license to open a marijuana dispensary to a company founded by formerly incarcerated individuals, a move that furthers the state’s goal to ensure communities impacted by decades of cannabis prohibition have a place in the emerging legal market for recreational marijuana.
The New York Office of Cannabis Management (OCM) awarded one of 99 conditional adult-use retail dispensary (CAURD) licenses to Coss Marte, Alfredo Angueira and Junior Martinez, the co-founders of Conbud. Billed as the world’s first licensed cannabis dispensary run and operated by formerly incarcerated individuals, Conbud is planning the grand opening of its Manhattan storefront for early fall 2023, with delivery service to all five boroughs of New York City slated to begin this summer.
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