• September 26, 2021
    • Loading stock data...
  • New York State Senator Aims To Speed Up Legal Cannabis Program Launch With New Cultivation Bill


    New York State Senator Jeremy Cooney presented a cannabis cultivation bill on July 20, which would enable farmers to start growing and selling cannabis prior to the official launch of the state’s recreational marijuana program.

    New York became the 15th state in the U.S. to legalize adult-use cannabis this March when Governor Andrew Cuomo signed the bill into law. Setting up the rules and regulations for the state’s comprehensive program could take anywhere from 18 months to two years, according to experts. This means the Empire State’s recreational cannabis program could roll out as late as March 2023.

    To accelerate the launch and help get the process rolling, Cooney introduced  

    Senate Bill S7295, which would create a recreational provisional cultivation license enabling growers to start planting their cannabis seeds prior to the formal launch of the program. Temporary licenses will allow businesses to operate in the event that the program’s regulations are not completed by January 1, 2022. The rules and regulations are being worked out by the state’s Office of Cannabis Management, a newly created department which, Cooney says is not fully functional nor currently operating.

    Read full article here: https://www.benzinga.com/markets/cannabis/21/07/22077950/new-york-state-senator-aims-to-speed-up-legal-cannabis-program-launch-with-new-cultivation-bill?mc_cid=ca160b6d10&mc_eid=e2114bb512


    About Author

    Comments are closed.