No, the create from scratch option when creating a campaign with the new email editor is not available. This was done in order to use the Email Templates section to organize the email templates.
If you would like the create from scratch option added, please reach out to your CSM to inquire with the development team if this option can be added to the Platform.
If further assistance is required, submit a ticket to Punchh Support. (For help submitting a ticket, click here)