Cannabis Legalization in New York: A Question of When and How, Not Whether

Cannabis Legalization in New York: A Question of When and How, Not Whether

By Noah Potter, Esquire, Of Counsel to Hoban Law Group

[Editor’s note: This is the first of a two-part review regarding the status of adult-use legalization in New York State in light of the governor’s commissioned report by the Department of Health. The second segment will run in this space tomorrow.] 

On July 13, the New York State Department of Health released a comprehensive report to Governor Andrew Cuomo stating that the positive effects of legalizing cannabis would outweigh the negative effects.

The long-awaited, six-month study was released with a finding that the positives outweigh the negatives. The report, titled “Assessment of the Potential Impact of Regulated Marijuana in New York State,” was commissioned by Cuomo in January to assess the potential public safety and public health impacts along with tax revenue benefits in its assessment.

It marks a watershed towards creation of a legal cannabis market, but extensive issues remain to be solved and leveraged among opportunities for the cannabis legalization movement and the cannabis industry to create a viable adult-use market.

Read full blog post on newfrontierdata.com.