New Yorkers who have had cannabis-related convictions, as well as their relatives, will be the first given retail licenses to sell the drug.
Plans to open outlets selling cannabis in New York named the "Seeding Opportunity Initiative" will launch by the end of the year which will see applicants able to sell the drug grown by local farmers.
Officials will reserve the first 100 or more retail licenses for those with past convictions.
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"New York State is making history, launching a first-of-its-kind approach to the cannabis industry that takes a major step forward in righting the wrongs of the past," says Governor Kathy Hochul who announced the news on Thursday.
Hochul adds that: "The regulations advanced by the Cannabis Control Board today will prioritize local farmers and entrepreneurs, creating jobs and opportunity for communities that have been left out and left behind. I'm proud New York will be a national model for the safe, equitable and inclusive industry we are now building."
In March 2021, the law in New York changed to permit the possession and recreational use of cannabis in a limited amount by adults.
The legislation allows for residents aged 21 and over to buy up to three ounces of the drug and grow up to six plants for personal use.
Becky Buckle is Mixmag's Digital Intern, follow her on Twitter