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Saturday, nov 30
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Office of Cannabis Management
News
First Marijuana Retailers Approved In New York
Legal pot shops in New York are one step closer to becoming a reality. On Monday, Nov. 21, the state’s Cannabis Control Board approved the first recreational marijuana licenses for 28 business owners and eight nonprofit organizations. After the Office of Cannabis Management received over 900 applications for Conditional Adult-Use Retail Dispensary (CAURD) licenses, the state board will make up to 150 licenses available to individual businesses and another 25 will be reserved for nonprofits, the board said. BREAKING: In a historic decision, the #NYCCB has approved the first round of CAU…
Politics
NY Officially Legalizes Pot, Here's How Long It Will Take For It To Be Available
New York State lawmakers have given the green light for legalized marijuana possession and paved the way to allow for marijuana sales to people over the age of 21. Late on Tuesday, March 30, the New York State Senate voted 40-23 in favor of the new bill, while the Assembly approved it by a margin of 100-49. The bill was sent to Gov. Andrew Cuomo's desk to sign following the approval by both Houses, which he did on Wednesday, March 31, making the law official. With Cuomo's approval, possession becomes legal immediately for those age 21 and over. The bill does not specify a date when …
Politics
NY Lawmakers Reach Deal To Legalize Pot For Recreational Use
New York State lawmakers have reached a deal to legalize recreational marijuana, with a bill expected to be passed as soon as next week as language on the legislation is finalized. When it's approved, “The Cannabis Law” legislation would create a new Office of Cannabis Management that will be controlled by a Cannabis Control Board, according to CNN. Under the legislation, board officials would provide licenses for each step of the supply chain: farming, processing, distribution, dispensaries, and retail "consumption" sites. The legislation will permit New Yorkers over the age of 21 to grow…
News
Covid-
19: Cuomo To Push For Legal Marijuana, Sports Betting In NY To Close $15B Deficit
With New York State facing a record-setting $15 billion deficit due to the COVID-19 pandemic, Gov. Andrew Cuomo is once again pushing for legalized marijuana and sports betting to help raise revenues. On Wednesday, Jan. 6, Cuomo said that while New York will be turning to the federal government to provide some aid and COVID-19 relief funding, the state will also be doing its part to cut the deficit. Among the two options Cuomo discussed was a proposal to legalize and regulate cannabis in New York and running a legal sports betting program that benefits the state, not casinos. “We want to d…