Maximize Your Chances of Winning a Retail License in New York

CannDev has decided to embark on a new approach in New York that may be of interest to you. Please read this email carefully and see the link to our secured & compliant retail locations in New York.

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Based on the regulations and the answers in the states FAQ’s we understand it’s viable to stack properties with multiple applicants. Since it’s essentially a lottery process, based on randomizing the applications submitted, we feel this will give groups that work with us more chances to win a retail license. 

CannDev has several locations (more than a dozen so far, with more to come) that can be used for an application, and wants to work with groups that want to minimize the fee structure and maximize the chances of getting a license.

New York will be one of the largest cannabis markets in the world. The state has about 20 million population and over 65 million visitors a year! This market has been slow to kick off due to many illegal shops and problems at the regulatory level. However, with the recent changes at the regulatory level and this next round of applications, it seems that the process is finally opening up. In addition, there are many great markets outside of the 5 boroughs that have tremendous potential because there are no illegal stores there and they are close to state lines. 

CannDev plans to stack their locations with multiple applicants to offer groups more lottery tickets for a chance to win a license at a lower cost.

So what is the offer? 

  • 5-9 locations secured = $1,000 /month per location
  • 10+ locations = $500 /month per location
  • 50% holding deposit discounts apply to the first 5 groups that work with us! Which means tens of thousands in savings for the groups moving the quickest. 
  • If a location wins a license we are going to assign the rights for either: 1. $120,000, paid after a license is won. Or, 2. $2,000 per month for the life of the business. It’s your choice which option works best for you. 
  • Note: There are a few locations that are purchases which CannDev will buy, and lease back to an operator if they secure a license. 

The deadline of Nov 17 is coming up fast. Now is the time to be aggressive on your real estate and get organized. 

To take a look at the available locations click here. To see our FAQs document click here

If you have questions please reply to this message. We look forward to connecting with you!

Click Here to See All CannDev’s Available Locations

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More News

New York Cannabis Retail Now Open – Compliant Retail Locations Available

Huge news out of New York this week! New York is finally open for retail applications starting October 4, 2023.

Applicants with real estate have a significant advantage as they will be fast tracked through the process and also have a flag planted for their location which will potentially buffer out competition.

The application window will remain open for 60 days, but the earlier an application is submitted, the better.

CannDev secured 10 locations (see below) in various markets around NY state. Please take a look at them and let us know if they are of interest.

In addition, we have dozens of sites coming in the 5 NY boroughs. To access these private deals you must be signed up to our NY list.

Redondo Beach: Opening Soon for Retail Applications (2 locations available)

Redondo Beach is one of the best retail cannabis markets to come online in 2023. There will be awarded 2 retail licenses to serve a population of more than 70,000 people within the city limits. This city is surrounded by opt out markets and within a 10 min drive time is a population density of over 350,000! (see image below)

Redondo Beach have finalized the zoning ordinance and have a City Council meeting on August 15 to discuss the application process.

Now is the time to secure a location before the competition does, and before the costs increase.

Interested in receiving alerts for our off market retail deals?

Where we send you new deals in emerging cannabis retail markets soon to open up for soon to open for applications.

As you know, new markets around the country are opening up at a rapid pace.

This creates enormous opportunity for those who can be the first to plant a flag in a new city and secure a ‘first mover advantage.’

We’re currently securing compliant retail real estate in many markets throughout the USA.