{"id":57758,"date":"2022-10-27T10:37:44","date_gmt":"2022-10-27T18:37:44","guid":{"rendered":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2022\/10\/27\/cannabis-leaders-and-politicians-to-join-forces-in-new-york\/"},"modified":"2022-11-02T17:45:39","modified_gmt":"2022-11-03T01:45:39","slug":"cannabis-leaders-and-politicians-to-join-forces-in-new-york","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2022\/10\/27\/cannabis-leaders-and-politicians-to-join-forces-in-new-york\/","title":{"rendered":"Cannabis Leaders and Politicians to Join Forces in New York"},"content":{"rendered":"

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Business of Cannabis, the host of quarterly events and annual cannabis conferences in North America and a premier publication of cannabis news, is gathering an esteemed group of leaders, policymakers, industry pioneers and investors for its second annual Business of Cannabis: New York<\/strong> conference. The one-day event will take place at the New York Academy of Medicine on November 3, just as New York\u2019s Office of Cannabis Management is to begin distributing cannabis retail licenses.<\/p>\n

Delays for New York\u2019s Adult-Use Cannabis Market Launch<\/h4>\n

New York\u2019s recreational cannabis market<\/a> is still not off the ground 18 months after the passing of the state\u2019s Marijuana Regulation and Taxation Act, which is touted as one of the most equitable and robust programs in the US. The bill prioritizes racial equity, reinvesting 40% of tax revenue from adult-use cannabis sales into minority communities most impacted by the War on Drugs and automatically expunging or resentencing people with previous marijuana convictions that are no longer criminalized. The law also sets a goal of awarding 50% of all adult-use cannabis licenses to social equity applicants, which includes but is not limited to BIPOC, women and veterans.<\/p>\n

However revolutionary, the rollout has proven burdensome. Originally expected to launch in the spring of 2022, bureaucratic delays have pushed back New York\u2019s timeline. As voters in seven states get ready to vote on cannabis legislation, all eyes are focused on whether New York will remain a model for others to follow, or become a cautionary tale.<\/p>\n

Residents of legal age in Arkansas, Missouri and Oklahoma will vote on the legalization of adult-use cannabis while those in Maryland, North Dakota and South Dakota will vote on decriminalizing cannabis. Nebraska Secretary of State Bob Evnen recently ordered a recount of the petition signatures acquired for the ballot proposal to legalize medical marijuana in the state. If all of these ballots are passed in November, it will represent a huge step forward for sensible drug policies which defend the rights of patients and users in the country. It would also mean a large influx of addressable consumers for the adult-use cannabis industry.<\/p>\n

New York\u2019s Cannabis Future<\/strong><\/h4>\n
\"Business<\/a><\/figure>\n

Business of Cannabis: New York<\/a> will bring together 400+ leaders focused on creating the most successful cannabis market in the US. With a focus on three core pillars\u2014social equity, policy and retail\u2014curated content sessions will cover:<\/p>\n