cannabis program, Gov. Kathy Hochul’s administration is offering new $100,000 low-interest loans to licensed marijuana operators who find their own locations to open shop.for sites secured by the state Dormitory Authority of New York. But DASNY’s effort to raise funds and find sites has largely been a bust, marijuana industry players said.
State regulators told weed operators of the new financing program during a private meeting on Tuesday. The rollout of the legal cannabis program has been frustratingly slow and rocky, industry insiders said.
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