Cuomo Calls for Legalizing Recreational Marijuana in NY
Marijuana Industry NewsNew York January 6, 2021 MJ Shareholders 0
The governor’s new proposal calls for the creation of a new Office of Cannabis Management that would oversee recreational use as well as existing medical use
New York Gov. Andrew Cuomo is calling for the legalization and regulation of marijuana for recreational use by adults, his third attempt in as many years to get the drug fully legalized in the state.
Cuomo, a Democrat, planned to announce his proposal Wednesday as part of his upcoming State of the State agenda for the year.
The proposal calls for the creation of a new Office of Cannabis Management that would oversee recreational use as well as existing medical use.
It also would offer licensing opportunities for those in communities that have been disproportionately impacted by law enforcement efforts against marijuana to become entrepreneurs in the new recreational market.
Cuomo’s latest legalization proposal follows two unsuccessful attempts in 2019 and 2020 to fully legalize marijuana, which both fell short despite Democrats’ 2018 win of both chambers of the Legislature. [Read More @ NBC New York]
MJ Shareholders
MJShareholders.com is the largest dedicated financial network and leading corporate communications firm serving the legal cannabis industry. Our network aims to connect public marijuana companies with these focused cannabis audiences across the US and Canada that are critical for growth: Short and long term cannabis investors Active funding sources Mainstream media Business leaders Cannabis consumers
No comments so far.
Be first to leave comment below.