Relates to a conditional adult-use retail dispensary license

This bill creates a "conditional" license for adult-use cannabis retail stores in New York, requiring applicants to meet specific social equity criteria. It directly affects businesses seeking to operate cannabis dispensaries by mandating that at least 51% of ownership must be held by individuals or entities tied to communities historically impacted by cannabis enforcement (e.g., people with past cannabis convictions or family connections to such convictions). Key provisions include requiring applicants to prove residency in New York, demonstrate ownership by "justice-involved" individuals for two years, and operate a profitable business. Applications will be evaluated based on historical arrest patterns in applicants' neighborhoods, business history, and ownership structure, with automatic approval for location requests meeting setback rules.