NY approves first cannabis adult-use conditional processor licenses

The New York State Office of Cannabis Management (OCM) has approved the first 15 cannabis adult-use conditional processor licenses.
The approvals were from existing hemp businesses, Marijuana Moment reported.
The processors take raw marijuana and extract cannabinoids and other components from the plant.
OCM also said that an additional 19 adult-use cannabis cultivation licenses have been approved. This brings the number of farms in New York permitted to grow cannabis to 242.
Multi-state operators: Cresco Labs (OTCQX:CRLBF); Columbia Care (OTCQX:CCHWF); Trulieve Cannabis (OTCQX:TCNNF); Green Thumb Industries (OTCQX:GTBIF); Curaleaf Holdings (OTCPK:CURLF); MedMen Enterprises (OTCQB:MMNFF); Acreage Holdings (OTCQX:ACRHF); Ayr Wellness (OTCQX:AYRWF); Verano Holdings (OTCQX:VRNOF); and Jushi Holdings (OTCQX:JUSHF).
Cannabis-related ETFs: AdvisorShares Pure Cannabis ETF (YOLO), Amplify Seymour Cannabis ETF (CNBS), ETFMG Alternative Harvest ETF (MJ), AdvisorShares Pure US Cannabis ETF (MSOS), and Global X Cannabis ETF (POTX).
OCM recently said it would soon begin accepting applications for operating adult-use cannabis dispensaries, but only from those who have been impacted by a marijuana offense.