Oct 04 2023
Governor Kathy Hochul today announced the largest expansion of New York State’s legal cannabis market to date, with hundreds of licenses being made available to individuals and businesses interested in legally growing, processing, distributing, and selling cannabis. According to a press release sent by the governor’s office, the application period is open as of today, …
Sep 27 2023
New York’s Office of Cannabis Management (OCM) announced today that it plans to issue up to 1,500 more marijuana business licenses including for growers and retail outlets. New York legalized recreational marijuana in 2021, but a slow rollout of the program means that less than two dozen licensed marijuana stores are currently open throughout a …
Aug 30 2023
In yet another setback for the legal marijuana industry in New York, a state Supreme Court judge has put a hold on all marijuana licenses. Marijuana was legalized in New York in 2021, with state lawmakers and officials declaring that the first batch of licenses for marijuana retail outlets would be reserved for small nonprofit …
Jul 21 2023
Just two days after New York officials voted to allow marijuana farmers markets, the state has opened up the application process. On Wednesday the state Cannabis Control Board (CCB) passed a handful of new rules including legalizing marijuana farmers markets. These are referred to as “Cannabis Growers Showcases” where growers and retailers can “bring their …
Jun 05 2023
Just three days after its introduction a New York bill to allow marijuana businesses to take standard state tax deductions has been passed by the full Senate. Senate Bill 7508, filed by Senator Luis Sepulveda, has now been sent to the state Assembly. Passage in the Assembly would put the measure before Governor Kathy Hochul. …
Jun 02 2023
Legislation filed today in the New York Senate would allow marijuana businesses that are legal under state law to take tax deductions that they otherwise would be able to take if they weren’t considered to be federally illegal entities. New York Senate Bill 7508 would alter the state’s existing tax code to allow marijuana businesses …
May 25 2023
A key committee in the New York Senate has given approval to legislation that would legalize safe drug consumption sites, sometimes referred to as overdose prevention centers and safe injection sites. The Senate Health Committee passed Senate Bill S399A this week in a voice vote, exactly four months after it was assigned to the committee. …
May 10 2023
Legislation filed today in the New York Legislature would repeal the state’s excise tax on medical marijuana sales. Assembly Bill 7014 was filed today by Assemblymember Crystal Peoples-Stokes, a longtime proponent of reforming marijuana laws. The measure has been assigned directly to the Assembly Ways and Means Committee. Under current New York tax code, medical …
May 10 2023
A New York bill that would expand the legal definition of crops, livestock and livestock products to include cannabis has been passed unanimously by two separate Senate committees. Filed by Senator Michelle Hinchey along with two cosponsors, the measure was passed by the Senate Agriculture Committee in January, 9 to 0. After three and a …
May 05 2023
Companions bills that would temporarily allow marijuana growers to sell directly to consumers was recently filed in the New York Assembly and Senate. The legislation would allow marijuana cultivators who are licensed with the state to temporarily sell marijuana on farm premises, directly to consumers. Proponents argue that this would allow farmers to recoup the …
