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Despite these challenges, New York’s legal cannabis market has recorded more than $530 million in sales since December 2022, with $370 million reported so far in 2024.
It’s going to grow like a weed. The legal cannabis industry will take New Yorkers even higher in 2025, with state regulators projecting the number of new licensed pot stores will more than ...
New York’s legal cannabis market has been hampered by inexperienced leaders who treated the state licensing agency like a “mission-driven” startup rather than a government office, according ...
A New York medical cannabis prescription. In July 2014, New York Governor Andrew Cuomo signed legislation permitting the use of cannabis for medical purposes, following a "lengthy, emotional debate" in the issue in the Senate and 49–10 Senate vote. Cuomo's signing began an 18-month window for the state Department of Health to enact a medical ...
The legal cannabis industry in New York is expected to soar in 2025, with state regulators projecting the number of new licensed pot stores will more than double from 275 to more than 625.
That law, enacted in 2021, legalized cannabis and set off the process for creating a legal marketplace in New York. Asher Stockler is a reporter for The Journal News and the USA Today Network New ...
The New York Farm Bureau supported the bill. [22] The district attorneys of Albany County and New York County (Manhattan), David Soares and Cyrus Vance Jr., published an op-ed in the New York Daily News supporting the bill, citing its correction of racial injustice and the freeing up of finite law enforcement resources for other matters. [23]
The Cannabis Regulation and Taxation Act was a bill under consideration by the New York State Legislature during the 2020–2021 session to legalize cannabis. It was contained in Part H of the revenue bills embodying Governor Andrew Cuomo 's budget proposal, A3009 and S2509.