New York Medical Cannabis Business & Marijuana Legal News

NY Gov. Cuomo’s adult-use cannabis plan includes license restrictions, taxes

New York Gov. Andrew Cuomo’s proposal to legalize recreational marijuana includes some business permitting and market constraints as well as taxes, according to budget documents released this week. Legislation hasn’t been introduced yet. But Cuomo’s initial plan includes these general proposals, according to his budget briefing book and the Rochester Democrat & Chronicle: Separate licenses […]

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California marijuana company plans $200 million campus in New York

Ahead of New York’s anticipated legalization of recreational cannabis, San Diego-based Flora California Prime is laying the groundwork to build a $200 million, 1.25 million-square-foot cannabis cultivation, manufacturing and distribution facility on 47 acres of land in Buffalo. According to Buffalo TV station WKBW, construction on the facility could begin once state lawmakers approve legislation […]

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If New York OKs recreational marijuana, unions may become big business issue

A union official told the New York Post that labor hopes to unionize “many thousands of workers” if the state legalizes recreational cannabis – a move that could affect firms trying to break into the market. “I think there are mixed feelings over unionized labor similar to any other industry,” cannabis attorney Rob DiPisa of Cole […]

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Week in Review: NY gov wants adult use, PA/NJ boost medical marijuana business opportunities & Ohio regulators get a bailout

New York’s governor wants the state to legalize recreational cannabis ASAP, Pennsylvania and New Jersey take steps to boost medical marijuana business opportunities, and Ohio MMJ regulators get a $2.1 million bailout. Here’s a closer look at some notable developments in the marijuana industry this week. NY and the ‘adult-use revolution’  New York Gov. Andrew […]

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NY gov wants to legalize adult-use cannabis in 2019, creating $1.7 billion market

New York Gov. Andrew Cuomo said he’d like to see the legalization of adult-use marijuana in the state early next year, which could create a $1.7 billion market, generate significant new business opportunities in the cannabis industry and curtail the state’s thriving illicit market. According to the New York Times, Cuomo made the announcement Monday during […]

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Cannabis business predictions take center stage at MJBizCon 2018

Three more states could prove likely candidates to legalize recreational cannabis in 2019. Uncle Sam may be poised to reform the nation’s marijuana laws. And annual medical marijuana sales in the United States are projected to drop for the first time in 2018 – but the decline is expected to prove short-lived. Those were just three […]

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Former Canadian PM Mulroney to join US cannabis company Acreage

Former Canadian Prime Minister Brian Mulroney plans to join the board of New York-based Acreage Holdings, becoming the latest political heavyweight affiliated with the multistate marijuana company. Mulroney – prime minister from 1984 to 1993 – will join a board stacked with political and corporate veterans, including: Former U.S. House Speaker John Boehner. Former Massachusetts […]

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Week in Review: OK medical cannabis licensing boom, DEA shifts on some CBD & New York allows MMJ as opioid alternative

Oklahoma approves more than 1,100 medical marijuana businesses, the U.S. Drug Enforcement Administration moves certain CBD medicines off Schedule 1, and New York’s governor signs legislation allowing MMJ as an alternative to opioids. Here’s a closer look at some notable developments in the cannabis industry this week. Oklahoma ‘free-for-all’ The numbers are mind-boggling: As of […]

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