Just three days ago, Queens embraced the recreational marijuana trend by opening its first woman-owned pop-up dispensary.
The dispensary, Good Grades, is supported by the state’s social equity investment fund and is located at 162-03 Jamaica Avenue. The public was welcomed at 2 p.m. on Thursday, and the family business is run by Extasy James and her cousin, Michael James Jr.
A Bold Initiative: New York State’s Social Equity Investment Fund
Governor Kathy Hochul announced the opening of Good Grades, marking a significant milestone in the state’s efforts to support social equity in the cannabis industry. The state recently doubled the number of conditional adult-use retail dispensary licenses from 150 to 300, thanks to a $200 million public-private partnership. This first-in-the-nation program provides renovated retail locations to entrepreneurs previously criminalized by cannabis prohibition.
The Pop-Up Program: A Catalyst for Business Growth
Good Grades launched as a pop-up, a common approach for dispensaries supported by the New York State Social Equity Cannabis Investment Fund. This strategy enables businesses to fast-track sales, offer training opportunities for employees, and generate capital. After an initial period, these dispensaries close for final construction and then reopen for long-term operation.
Benefits for the Entire Cannabis Supply Chain
According to state officials, the pop-up program benefits all parties involved in the cannabis supply chain, from farmers growing cannabis to processors manufacturing various products, and distributors providing consumers with safe, trustworthy products.
Breaking Barriers and Reducing Stigma
Extasy James expressed her enthusiasm for opening not only the first woman-owned dispensary under the state program but also the first one in Queens. She highlighted the importance of breaking down barriers that have historically prevented marginalized communities from experiencing the benefits of cannabis. The Good Grades dispensary aims to be a welcoming and inclusive space where customers can learn, explore, and find products tailored to their unique needs.
The Road Ahead: Conditional Retail Sale Licenses
So far, the New York Office of Cannabis Management has received around 900 applications for conditional retail sale licenses. To date, approximately 70 provisional licenses have been issued.
A Reminder to Weed Lovers in Times Square
As marijuana legalization gains momentum, it’s important to remember that not everyone appreciates the aroma. Times Square now reminds visitors that smoking is banned in the public plaza, with new signs posted to inform everyone.
Your Thoughts on Queens’ First Woman-Owned Pop-Up Dispensary
What are your thoughts on Good Grades, the first woman-owned pop-up dispensary in Queens? Do you believe this initiative will contribute to a more equitable and diverse cannabis industry? Share your opinions in the comments below.