On March 31, 2021, Governor Cuomo signed into law the Marijuana Regulation and Taxation Act (MRTA, S.854A), legalizing weed in NY state. It is now known officially as the New York “cannabis law.” Although it will take many months for the newly created Office of Cannabis Management (OCM) to promulgate the rules and applications for…
Well, it looks like NY will legalize recreational marijuana in the coming days and be the 15th state to do so! On March 24, 2021 the lawmakers decided in principal on what the law will looks like. The devil is in the details, but it looks like the law will closely resemble the Marijuana Reform…
On December 3, 2020, the U.S. House of Representatives voted in favor (by a 225 – 160 margin), of the Marijuana Opportunity Reinvestment and Expungement Act of 2019 (the “MORE Act of 2019”, H.R.3884), which decriminalizes marijuana. The bill now goes to the Senate for vote, which is not anticipated to happen before year end. …
On May 6, 2019, New York State law makers proposed two bills, A7467 and S5657 (both are the same), that would overhaul New York’s medical cannabis program. The most significant changes are (1) removing the list of qualifying medical conditions, (2) permitting qualified medical practitioners to prescribe medical cannabis to any patient they believe could…
According to an analysis released April 25, 2019 by State University of New York, Rockefeller Institute of Government, an adult-use cannabis industry in New York could directly employ from 23,700 to 30,700 workers, depending on the size of the market (estimating at least a $1.7 billion market, perhaps as large as $4 billion, when considering…
Or asked another way, What Types of Cannabis Businesses Can I Have in New York? Under Governor Cuomo’s proposed New York’s “Cannabis Regulation and Taxation Act” (as released in January 2019, the Cannabis Law), there are plenty of new business opportunities in the New York cannabusiness space, most of which will need to be licensed…
On January 15, 2019, as part of his sweeping state budget, New York Governor Andrew Cuomo proposed a plan to legalize, tax and regulate adult-use cannabis (as well as to expunge past cannabis-related criminal records) under his proposed “Cannabis Regulation and Taxation Act.” The new law would cap the number of cultivation, distribution and retail…
On January 15, 2019, Governor Cuomo and his team – led by Assistant Counsel to the Governor for Health, Axel Bernabe and Assistant Counsel to the Governor, Jason Starr – have put out the draft legislation for New York State cannabis legalization. Here is the relevant portion of the proposed law (click to view…
New York Canna Business Lawyer / Medical Marijuana Lawyer The Law Offices of Craig Delsack, LLC provides extensive experience as business lawyers advising on a vast array of business and corporate matters, including those ancillary businesses involving cannabis, hemp, CBD and medical marijuana. In 2016, New York state approved medical marijuana dispensaries under New York’s …
The New York State Department of Health has launched the Cannabinoid Hemp (e.g., CBD) Retail License Application and Distributor Permit Application on January 25, 2021. A business selling cannabinoid hemp products in the state of New York must first obtain a Cannabinoid Hemp Retail License before selling cannabinoid hemp products to consumers. Cannabinoid hemp products…
