5 Owl Dr. site shifts to Hepworth Pura LLC in New York cannabis license update
A New York cannabis license holder at 5 Owl Dr. has changed its legal entity name to Hepworth Pura LLC, part of a broader wave of ownership transfers across the state.
FILE — dealmaking · Perzon SEO / CC BY 2.0The 5 Owl Dr. location in New York has formally changed its licensee name to Hepworth Pura LLC, according to the state license roster. The entity shift was recorded on October 7, the same date New York's cannabis regulator logged multiple ownership and operational changes across cultivators, retailers, and processors.
Today's update reflects a pattern of legal restructuring visible in the state's license roster: at least five other operators simultaneously changed their registered entity names (Trucann, N&M Farms Site, James E Ryan, Growing Renaissance Farm Location, and Create Goodness), while three new cultivation and retail licenses were also approved and one active license (The Botanist) went inactive in early October. The state currently maintains 885 open retail locations, 250 cultivation sites, and 521 manufacturing facilities.
Watch whether Hepworth Pura and the other entities filing name changes are consolidating under common ownership or pursuing separate strategic paths—entity restructuring often signals either financial repositioning or compliance-related adjustments in emerging cannabis markets.