SEEDING OPPORTUNITY INITIATIVE: NYS CANNABIS UPDATE On March 10, 2022, Governor Kathy Hochul announced the first-in-the-nation Seeding Opportunity Initiative, which will position individuals with prior cannabis-related criminal offenses to make the first adult-use cannabis sales of New York-grown products. This farm-to-store initiative makes sales in New York possible before the end of 2022. This initiative…
GOVERNOR HOCHUL SIGNS CONDITIONAL ADULT-USE CANNABIS CULTIVATION BILL Continuing the New York State Office of Cannabis Management’s momentum, Governor Kathy Hochul signed legislation creating a new type of adult-use cannabis license, the “Conditional Adult-Use Cannabis Cultivation” license. This license establishes a “fast-track” path for existing NYS hemp farmers to apply for a conditional license to…
Will the Municipal Opt-Out Kill the MRTA’s Buzz? On March 31, 2021, New York State became the 17th state to legalize adult-use recreational marijuana through the enactment of the Marijuana Regulation and Taxation Act (“MRTA”). Many are taking a budding interest in legalization and are looking to enter the market, whether merely as a consumer…
