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The New York Farm Bureau supported the bill. [22] The district attorneys of Albany County and New York County (Manhattan), David Soares and Cyrus Vance Jr., published an op-ed in the New York Daily News supporting the bill, citing its correction of racial injustice and the freeing up of finite law enforcement resources for other matters. [23]
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The legal cannabis industry in New York is expected to soar in 2025, with state regulators projecting the number of new licensed pot stores will more than double from 275 to more than 625.
The Cannabis Regulation and Taxation Act was a bill under consideration by the New York State Legislature during the 2020–2021 session to legalize cannabis. It was contained in Part H of the revenue bills embodying Governor Andrew Cuomo 's budget proposal, A3009 and S2509.
Curaleaf, which operates in multiple states, has already invested $50 million in New York, most of it on a recently expanded indoor growing facility south of Albany that now serves the medical market.
The Office of Cannabis Management is a New York state government agency established upon passage of the Marijuana Regulation and Taxation Act (MRTA) to implement a regulatory framework for medical and adult-use cannabis in the state of New York, along with hemp regulations as well.
A New York judge blocked the state's retail marijuana licensing program on Friday, dealing a devastating blow to the fledgling marketplace after a group of veterans sued over rules that allowed ...
In 1977, New York decriminalized possession of 25 grams (7 ⁄ 8 oz) or less of marijuana, to an infraction with a $100 fine (equivalent to $500 in 2023). However, possession in public view remained a misdemeanor, and civil rights advocates stated that this was used as a loophole to unfairly arrest. A New York Times editorial noted in 2012: