In a significant development for the New York cannabis industry, Governor Kathy Hochul marked the opening of the state's 100th Conditional Adult-Use Retail Dispensary (CAURD) in New Paltz. This milestone reflects New York's commitment to fostering a safe, legal, and equitable cannabis market. The newly opened store, Big Gas, owned by Kareem Haynesworth and Zymia Lewis, represents a crucial step in the state's efforts to support individuals and communities historically impacted by the inequitable enforcement of cannabis laws.

Governor Hochul emphasized the progress made in establishing an industry that prioritizes diversity and social equity. New York has licensed 110 adult-use cannabis retailers, including storefronts and temporary delivery-only locations, generating significant sales revenue. Despite challenges like legal delays and competition from illegal retailers, the state has achieved a notable percentage of licenses awarded to minority and women-owned businesses.

The ceremony at Big Gas celebrated not just the opening of one store, but the broader strides made across the state to ensure a more inclusive industry. Governor Hochul and other officials highlighted the state's efforts to integrate veterans, women, and minority groups, particularly those affected by the war on drugs, into the burgeoning market. This event underscores New York's broader aspirations to lead in creating a socially responsible and economically vibrant cannabis industry.