New York's cannabis market is set to make a major leap with state lawmakers granting final approval on Wednesday to a bill that would authorize adult-use licenses for the cultivation and processing of cannabis in the state by hemp growers.
The measure, approved this week in the state Senate and Assembly, will soon go to Gov. Kathy Hochul's desk for her consideration.
The bill is meant to add a regulatory framework process for the licensing of growing marijuana in New York following the passage last year of the Marijuana Taxation and Regulation Act.
Original author: Marijuana News