Public bank legislation, which one sponsor said could have provided a clearer path to banking for New York’s cannabis industry, failed to gain traction.
While cannabis will soon be sold in New York shops to consumers who are over the age of 21 years old, regulators want to educate adults about responsible use and curb underage use.
Crystal Peoples-Stokes led a panel aimed at her Buffalo constituents, and took questions from residents hoping to join the state’s forthcoming adult use industry.
Rochester Mayor Lovely Warren and Assembly Majority Leader Crystal Peoples-Stokes, of Buffalo, spoke about the future of equitable, local cannabis in their cities, two of the states’ most populous.
Beyond complex tax considerations, accountants are fielding questions on everything from workplace policies to licensing limits.
During a NYC Hospitality Alliance webinar this week, conversation focused on ownership and investment limits, on-site consumption spaces, and community relationships.
Assembly Majority Leader Crystal Peoples-Stokes, who co-sponsored the adult use legislation, said she’s “met most every wealthy, influential person” interested in New York's cannabis industry, but equity comes first.
A wide range of entities, including those that represent unions, police organizations, agriculture, and business, lobbied on cannabis in New York.
New York has become the 16th state to legalize adult use cannabis. Lawmakers took one of the most equitable approaches to legalization yet.
Assembly Majority Leader Crystal Peoples-Stokes and Senator Liz Krueger announced Saturday that “a three-way agreement has been reached” on their Marijuana Regulation and Taxation Act.
Despite media reports on Wednesday that a legalization deal was done, two key lawmakers told Cannabis Wire that it wasn’t quite over the finish line.
A deal between lawmakers and Gov. Andrew Cuomo on a bill to legalize cannabis for adult use is expected to be unveiled any day now.
After three years of trying and failing to come to an agreement on the best path forward for legal adult use cannabis, lawmakers and the governor appear closer than ever to a deal.
During a Women in Cannabis Lobby Day event on Monday, key lawmakers and advocates pushed for the passage of the lawmakers’ Marijuana Regulation and Taxation Act, “despite the chaos in Albany.”
During two events Wednesday, cannabis reform advocates focused on the case for legalization and on issues with the governor’s plan, while an anti-legalization group warned of potential harms of any legalization proposal.
Groups in favor of adult use legalization suggested amendments to Governor Andrew Cuomo’s budget proposal and to lawmakers’ bill, which is preferred by reform advocates.