New York Archives - Page 6 of 11 - Cannabis Business Executive - Cannabis and Marijuana industry news

De Blasio tells Cuomo to ‘wake up’ on weed legalization process

Mayor Bill de Blasio on Tuesday blasted Gov. Andrew Cuomo’s slow rollout of the state’s new pot law. Hizzoner urged the governor to pick up the pace on completing the process of legalizing weed, telling him and state lawmakers to “wake up”…

Data-Breach Concerns Rise As New York Launches Adult-Use Cannabis Program

Becoming the 17thstate to legalize Adult-Use Cannabis, on March 31, 2021, New York enacted the “Marijuana Regulation and Taxation Act” (“MRTA”) anticipated to generate $1.2 billion in annual sales by 2023. Because of the sensitive and protected health information that…

‘A Land Grab’ for a Piece of New York’s Marijuana Business

May 5, 2021
AggregatedNews
Banking, Finance & Real Estate, New York
0 Comments

Cannabis companies and brokers are rushing into what could be a $4.2 billion industry, but for all the excitement, there are significant challenges. It has been only five weeks since New York State legalized the use of recreational marijuana. The…

Swap the crop? New York hemp farmers eager to grow marijuana

Farmers dealing with depressed prices for plants that produce CBD are eager to take part in a statewide marijuana market expected to generate billions of dollars a year once retail sales start ALBANY, N.Y. -- Legal marijuana is coming to…

Marijuana legalization has won

The US is nearing a tipping point of sorts on marijuana legalization: Almost half the country — about 43 percent of the population — now lives in a state where marijuana is legal to consume just for fun. The past two…

What Will Legal Cannabis Look Like in New York?

Pot enthusiasts, rejoice: New York has officially legalized the use of recreational marijuana. Gov. Andrew M. Cuomo signed legislation Wednesday that made New York the latest state to legalize recreational weed, positioning it to quickly become one of the largest…

Governor Cuomo Announces the New York State Department of Health’s Cannabinoid Hemp Program Now Accepting License Applications

Governor Andrew M. Cuomo today announced that the New York State Department of Health is now accepting applications from businesses seeking to operate as cannabinoid hemp processors, retailers or distributors. The applications are available on the Cannabinoid Hemp Program's webpage here. In…

Cuomo Issues Amendments to His Legalization Proposal—Next Steps for Legalized Cannabis in New York

By Lori B. Green and Catherine A. Savio, Nixon Peabody LLP As the Empire State moves toward legalization, Governor Cuomo has released amendments to his plan to legalize adult-use cannabis in the State of New York. The amendments permit home…

Updates to the NY Empire State of Cannabis: Cannabinoid Hemp Licenses Go Live and Amendments to Governor’s Adult-Use Legislation

By Neil M. Willner In step with all things cannabis, New York is making changes to its proposed legislation and regulations at a fast and furious pace. Earlier this month, the New York Department of Health opened the application process…

Cannabis in the New Year: Old Challenges Meet New Opportunities

January 25, 2021
Jacques Santucci
Best Practices, Cannabis & Hemp Research, Opinions, Policy & Legal
0 Comments

Despite a global pandemic that uprooted businesses around the world, the U.S. cannabis market showed no signs of slowing down in 2020, as we had predicted a year ago. Through lockdowns and mask mandates, the industry innovated how consumers purchase…

Gov. Cuomo Announces Proposal to Legalize Marijuana in New York

“This program will generate much-needed revenue, while allowing us to support those that have been most harmed by decades of failed cannabis prohibition” Governor Andrew Cuomo announced Wednesday that he will introduce a proposal that would finally legalize marijuana in…

Cuomo Calls for Legalizing Recreational Marijuana in NY

The governor's new proposal calls for the creation of a new Office of Cannabis Management that would oversee recreational use as well as existing medical use New York Gov. Andrew Cuomo is calling for the legalization and regulation of marijuana…

Cannabis legalized in New Jersey—Is New York next?

November 25, 2020
Lori Green
New York
0 Comments

While New York has become more marijuana-friendly in recent years, New Jersey’s voter-approved legalization creates incentives for the New York State Legislature to reconsider its stance. By Lori B. Green, Brandon Coyle, Catherine A. Savio, Nixon Peabody LLP The time…

Recreational Marijuana Legalized by New Jersey Voters

Voters approved a constitutional amendment to legalize cannabis in New Jersey, putting pressure on neighboring states like New York. After years of legislative failures, New Jersey voters on Tuesday authorized the legal use of recreational marijuana in a year when…

Amid Coronavirus, San Francisco, New York, Deem Marijuana Businesses ‘Essential’

When San Francisco announced its "shelter in place" order this week, it said only "essential businesses" could remain open to support the public's needs, such as grocery stores and gas stations. Missing from that list were marijuana dispensaries. But a…