New York

Mon
13
Sep

As legalized marijuana moves in NY, Savino cautions overtaxing will drive buyers back to underground dealers

taxes

 Four appointments have been made to New York’s newly formed Cannabis Control Board and Office of Cannabis Management under New York Gov. Kathy Hochul.

Mon
13
Sep

Unique NYC real estate firm helping new pot businesses navigate the new landscape

tiny house

The ganja gold rush is on, and a new brokerage firm is all set to cash in on the cannabis business boom, clearing the path for storefronts and warehouses making plans to bring pot to the people.

Not since the internet gave birth to new ventures across the industry spectrum has the marketplace been so ripe for new business blood.

Mon
13
Sep

A Cheap, Low-Tech Method That Could Slash Farm Carbon Emissions

tractor farming

On a hot and humid August day near Geneva, New York, Garrett Boudinot stands in a field of hemp, the green stalks towering a foot or more over his 6-foot, 4-inch frame. Today, the mustached Cornell University research assistant will harvest six acres of the crop, weigh it in red plastic garbage bins, and continue to analyze the hundreds of water samples taken with measuring devices called lysimeters that have been buried in the field over the last three months.

Mon
13
Sep

Industrial hemp promises sustainable solutions for New York, but will anyone buy in?

statue of liberty

 

In case you missed the parades featuring giant doobie floats, the joint giveaways for the vaccinated or the general celebratory aroma of city streets, recreational marijuana is now legal in New York. While attention is trained on the new legal drug business the state is building, another even larger cannabis business is awaiting its day in the sun. Already legal to grow and process, industrial hemp is the potentially billion-dollar New York industry few are paying attention to yet. While it may take longer to scale up than recreational marijuana, industrial hemp could have even greater economic potential for the state.

Fri
10
Sep

New marijuana facility breaks ground at former Hudson Valley prison

cannabis plant

As cannabis cultivation grows in Warwick, the town debates whether to allow dispensaries.

What was once a medium-security prison that housed about 1,000 inmates in Warwick will become a fully operating cannabis cultivation site by 2023.

Tue
07
Sep

New York cannabis rollout moves ahead, but roadblocks remain

cannabis plant

The rollout of New York’s new cannabis policies has new life after the state legislature confirmed appointments to oversee the regulatory process last week, but the state is still months away from issuing licenses to retailers, growers and processors.

The Marijuana Regulation and Taxation Act, or MRTA, passed in April. However, much of the rollout has been delayed because Governor Andrew Cuomo did not nominate officials to the newly created Office of Cannabis Management and Cannabis Control Board.

“These are people that wrote the bill. They should’ve had these people in mind when they wrote those statutes,” said Troy Smit, Deputy Director of Empire State NORML.

Fri
03
Sep

New York City's Medgar Evers College Becomes First Cuny School To Offer Cannabis Degree Program

In New York City, where many black and brown people have been on the negative side from the aspects of the enforcing of marijuana laws, there is an educational institution that will now offer an “Introduction to the World of Cannabis” Course.

Brooklyn’s historic Medgar Evers College (MEC) had recently announced last week that students can now enroll in a prerequisite course for many of the other cannabis courses in this degree program. The course is called “Introduction to the World of Cannabis.”

Thu
02
Sep

City of Rensselaer supports marijuana grow facility, governor moving state process forward

One of Governor Hochul’s priorities for the executive session is to discuss nominees for the state's cannabis program.

The governor said this is a long overdue decision, and she would appoint nominees for the executive director and chair person, and they needed to be confirmed by the legislature.

“We lost five and a half months because there was not a decision to name an executive director or chair person, to get this going and get regulations in place.” Governor Hochul said.

Meanwhile, the City of Rensselaer leaders already have their eyes on a potential site for a growth facility. But they need more answers from the state first.

Thu
02
Sep

Some communities are leaving marijuana sales up to the public to decide

After a public hearing in July, the Watertown City Council voted to prohibit retail marijuana sales. However, councilman Leonard Spaziani said it’s not necessarily because they don’t want pot in their city, it’s because they want the people to decide.

“I'm going to vote no just so they can get their petition and put it on the ballot,” he said. “That's the American way.”

The same thing happened in the town of Geddes and in Camillus–where Town Supervisor Mary Anne Coogan said the town board opted out so the people can choose if they want to opt in.

“They're the ones that live here,” said Coogan. “They're the ones that have a voice.”

Fri
27
Aug

New York Governor Vows to Launch Cannabis Industry That Cuomo Stalled

Statue of Liberty

New York Governor Kathy Hochul—who replaced the disgraced former governor Andrew Cuomo—promised to pick up where Cuomo failed, and get the state’s adult-use cannabis market off the ground. New York residents grew wearisome, waiting for the industry to materialize as the former governor was consumed with scandals.

For background, former governor Andrew Cuomo and the state Legislature approved the law last March that legalized adult-use cannabis in New York. But Cuomo became embroiled in a dispute with the state Senate, so he didn’t nominate an executive director for the new Office of Cannabis Management—nor did he name appointees to the Cannabis Control Board, even though the Marijuana Taxation and Regulation Act was passed several months ago.

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