Lifestyle

New York finally launches legal marijuana control board. What to expect (and when) | Cannabis Business Executive – Cannabis and Marijuana industry news

Six months after New York legalized marijuana for recreational use, the state is finally getting down to the business of setting the rules for growing, processing and selling it — and ensuring the “social equity” provisions written into the law. The first meeting of the state’s new Cannabis Control Board, which will also regulate non-THC cannabis like…
The post New York finally launches legal marijuana control board. What to expect (and when) appeared first on Cannabis Business Executive – Cannabis and Marijuana industry news.

Six months after New York legalized marijuana for recreational use, the state is finally getting down to the business of setting the rules for growing, processing and selling it — and ensuring the “social equity” provisions written into the law.

The first meeting of the state’s new Cannabis Control Board, which will also regulate non-THC cannabis like hemp and CBD, will take place this afternoon (Oct. 5) in a virtual format. It starts at 1:30 p.m. Follow it live here.

Many observers have complained about the slow start, which was hampered in part by the issues that led to the resignation of former Gov. Andrew Cuomo and the transition to new Gov. Kathy Hochul. Since Hochul took office in August, she has pushed to name the members of the board and get the state’s new Office of Cannabis Management, which will oversee day-today business, up and running.
Those eager to get into the new industry or otherwise benefit by it are happy to see the progress. But they fear it may still take well into 2022 for such things as business licnenses to be issued.

“It’s certainly good to see some movement after all these months,” said Kaelan Catstetter, policy director for the Castetter Cannabis Group, a Binghamton-area business consulting firm. “It took longer than it should, probably.” [Read more at newyorkupstate.com]

The post New York finally launches legal marijuana control board. What to expect (and when) appeared first on Cannabis Business Executive – Cannabis and Marijuana industry news.

| Cannabis Business Executive – Cannabis and Marijuana industry news Read More or Shop @ https://pinkplanes.com/shop/

Comments Off on New York finally launches legal marijuana control board. What to expect (and when) | Cannabis Business Executive – Cannabis and Marijuana industry news
Drop Your Email22% OFF 1st Order