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New York Legalizes Recreational Marijuana And Creates Many Cannabis Business Opportunities

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…