Lower_ManhattanNYCImageSergei_GussevWikimediaCommons

As New York Relaxes Cannabis Rules, Industry Wants In

Eager to get in on what’s expected to be a booming industry, cannabis companies and investors are beginning to flock to New York state.

It’s a trend that could pick up even more steam after lawmakers in Albany gathered Monday to announce a renewed push to legalize adult-use cannabis.

State Sen. Liz Krueger (D-New York) and Rep. Crystal Peoples-Stokes (D-Buffalo), along with advocates organized by the Drug Policy Alliance, held a press conference about the reintroduction of the Marijuana Regulation and Taxation Act (MRTA).

The legislation, S.3040/A.3506, would tax and regulate cannabis in a fashion similar to alcohol.

Read More at Leafly.com

Categories
InvestmentsLaw & PoliticsNewsfeed
Tagged
cannabis as a political issuecannabis industry attracts investorsCannabis investment firmsgrowing interest in cannabis industry investmentiAnthus Capital Holdingsinvestors interested in New York legal marijuana businessesmainstream investment firmsNew YorkNew York and legal marijuana investmentNew York and legal marijuana investorsNew York and marijuana legalizationNew York and medical marijuanaNew York and medical marijuana legalizationNew York politicsNew York statepolitics and cannabisstates legalizing cannabisstates legalizing marijuanaValley Agriceuticals

Subscribe to Our Post Alerts

We keep your data private and do not share your information with anyone.

Good SEO Starts Here

Most Popular

Jetpack plugin with Stats module needs to be enabled.
Jetpack plugin with Stats module needs to be enabled.
Jetpack plugin with Stats module needs to be enabled.
Jetpack plugin with Stats module needs to be enabled.

Blunt Newswire

UPCOMING EVENTS

There are no upcoming events.

More Upcoming Events

Cannabis Jobs

Back to Top

Blunt: Curating the Cannabis Content you Need the Most

SIGN UP FOR FREE POST ALERTS!

We keep your data private and do not share your information with anyone.