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Husch Blackwell LLP

New York State Of Mind- An Overview Of The Unique Aspects Of New York’s New Marijuana Regulatory Framework.

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The Marijuana Regulation & Taxation Act (the “Act”) was signed into law by Governor Andrew Cuomo on March 31, 2021. Not only does the Act create the foundation for the adult-use marijuana program, it contains sweeping changes...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

New York Legalizes Recreational Marijuana: Altered States for Employers

On March 31, 2021, New York Governor Andrew Cuomo signed into law the Marihuana Regulation and Taxation Act (MRTA), which legalizes the adult recreational use of marijuana and revises Section 201-d of the New York Labor Law....more

Goodwin

A New Day: New York Legalizes Recreational Marijuana, New Mexico On The Verge

Goodwin on

On March 31, 2021, New York Governor Andrew Cuomo signed the New York State Cannabis/Marijuana Regulation & Taxation Act (the “Act”), S.854-A/A.1248-A, legalizing adult-use cannabis for individuals 21 and older and creating a...more

Womble Bond Dickinson

New York to Join in the Legalization of Adult-Use Cannabis

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After years of debate, New York is poised to join a growing number of states, including neighboring New Jersey, in legalizing adult-use cannabis.  Over the weekend, Governor Andrew Cuomo and legislative leaders announced an...more

Rivkin Radler LLP

NY Is Set To Legalize Recreational Marijuana

Rivkin Radler LLP on

After years of fits and starts, New York has passed legislation to legalize recreational marijuana under the Marihuana Regulation and Taxation Act (S854-A) which Governor Cuomo intends to sign. The legalization aspect of the...more

Genova Burns LLC

Deal Hashed Out For Legal Cannabis in the Empire State

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New York appears to be on deck as the next state to join the list of cannabis-friendly environments in which these businesses might have a chance to thrive. The deal recently struck between Gov. Andrew M. Cuomo and lawmakers...more

Farrell Fritz, P.C.

The Biden Presidency: How Will Cannabis Business Be Taxed?

Farrell Fritz, P.C. on

Wither the Weed? It has been one month since Mr. Biden’s inauguration as President of the United States. Among the many questions being asked of President Biden is whether he will seek the decriminalization of cannabis....more

Rivkin Radler LLP

New York State Appears Poised To Legalize Recreational Marijuana

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On January 6, 2021, Governor Cuomo announced his latest proposal for the legalization of recreational marijuana in New York. The proposal, outlined generally, consists of: 1.The legalization of the recreational use of...more

Levenfeld Pearlstein, LLC

Cannabis Updates: How Proposed Laws And License Developments Could Impact The Industry

Cannabis Legalization in New York- Last week, NY Governor Andrew Cuomo unveiled a new proposal to legalize adult-use cannabis, which also included a provision to set aside a specific amount of tax revenue for social equity...more

Eversheds Sutherland (US) LLP

New York Governor announces Fiscal Year 2022 budget

New York Governor Andrew Cuomo released his Fiscal Year 2022 budget and accompanying legislation on January 19, 2021 (the Budget Bill). Although the State projects billions of dollars in lost revenue because of the fallout...more

Farrell Fritz, P.C.

New York: Deficits, Taxes And 2021

Farrell Fritz, P.C. on

Only 347 Days to Go- What a year it has already been, and we are just beginning the third full week of 2021. The Democrats swept Georgia, thereby giving that Party a majority in the U.S. Senate and ostensible control over...more

Harris Beach PLLC

Governor Cuomo Proposes Legalization of Recreational Marijuana

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Governor Cuomo has announced a proposal to legalize cannabis in New York state, designed to create regulatory oversight of adult recreational use and generate an additional source of tax revenue. The Governor’s proposal...more

Burns & Levinson LLP

New York Legislature Optimistic to Legalize Recreational Cannabis in 2020

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New York is gearing up to become the 12th US state to legalize recreational cannabis, and the 2nd US state to do so by way of legislative measure (as opposed to voter initiative), as Gov. Andrew Cuomo vowed to legalize...more

Farrell Fritz, P.C.

Local Gov’t Takes a Hit Under Proposal to Legalize Marijuana

Farrell Fritz, P.C. on

A significant portion of Governor Andrew M. Cuomo’s original fiscal year 2020 budget proposal discusses in detail his idea for a “Cannabis Regulation and Taxation Act,” to be known colloquially as the “cannabis law.” ...more

Foster Garvey PC

New York: The (H) Empire State?

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New York Governor Andrew Cuomo’s Proposed Legislation on Legalization of Cannabis - Under the leadership of New York Governor Andrew M. Cuomo (whose party also controls the State legislature), the Empire State appears...more

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