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Kathy Hochul vows to launch NY’s legal marijuana industry

By 08/26/2021 9:30 AMNo Comments

One of the top priorities of newly installed New York governor Kathy Hochul is to officially launch New York’s budding marijuana sales program.

The program that legalized the sale of marijuana in NY has been suspended under the term of resigned governor Andrew Cuomo.

The program was stalled under Cuomo since the former governor didn’t nominate an executive director for the new Office of Cannabis Management or name appointees to the Cannabis Control Board, even though the Marijuana Taxation and Regulation Act were passed months ago.

Cuomo made the move since he had some dispute with the State Senate.

Now that she is the governor, Hochul vowed to finally start the program asap.

“Nominating and confirming individuals with diverse experiences and subject matter expertise, who are representative of communities from across the state, to the Cannabis Control Board is a priority for Gov. Hochul,” the new governor’s spokesman, Jordan Bennett said.

“We look forward to working with the legislature to keep this process moving forward,” Bennett added.

New York officials decided to legalize the sale of marijuana since it could generate $350 million a year in tax revenue for government coffers and create jobs for residents in disadvantaged communities.

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