Alex Malyshev After a Rocky Start, New York Will Soon Have a Cannabis Regulator: Can It Stick a Landing on Rules?
While New York may finally have its regulator in place by the end of the year, any hopes of regulations being issued—let alone any licenses actually awarded during this time frame—have been dashed.
September 29, 2021 at 12:45 PM
6 minute read
Last March former Gov. Andrew Cuomo signed the Marihuana Regulation and Taxation Act (MRTA) into law to much fanfare. In addition to legalizing adult-use cannabis, and overhauling New York's existing medical marijuana law, it also created a new unified regulatory body to oversee the adult-use cannabis, medical marijuana, and cannabinoid hemp programs. Specifically, the MRTA established a Cannabis Control Board (the Board) to oversee the programs, and a subordinate Office of Cannabis Management (a division within the alcoholic beverage control) (OCM) to administer it.
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