It’s still unclear to what extent regulators will consider an applicant’s experience running an illegal cannabis operation and if it will weigh in their favor. But local lawyer Jeffrey Hoffman says there will likely be acceptable ways to disclose that.
People visit the Weed World store, on March 31st, 2021, in Midtown Manhattan.When it comes to opening a licensed recreational marijuana dispensary in New York, being first comes with definite perks.
But state officials reiterated that they will give dibs to people who have a past marijuana conviction or a relative with a past marijuana conviction, in addition to meeting other criteria. Advocates haveas innovative, but some said there are aspects of the proposed rules and regulations that may be too restrictive.
Per the proposed rules, applicants must have owned at least 10% of a business that was profitable for at least two years and have the financial records and tax documents to prove it. And Alexander emphasized that only marijuana convictions received before March 31st, 2021, while living in New York — not arrests — will satisfy the criminal justice component.
“My legacy clients who were smart enough not to get arrested are unbelievably pissed off,” he said. “Because it's like, ‘We were the cannabis industry for the whole time before, and now we're not getting the first bite at the apple.’” “The charge of the Marijuana Regulation and Taxation Act is to undo some of the harms caused by marijuana prohibition,” he explained at Tuesday’s session.
Alexander noted that those who don’t receive a retail license in this round will still have another chance to participate. He said additional licenses will likely become available in early 2023.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Target Stock Plunge Wipes $25 Billion As Inflation Squeezes Customers And Sends Costs Soaring—Spurring ‘Dramatic’ Earnings Shortfall'Inflation always hits the lower-income cohorts hardest and first,' and the latest retail results suggest that's starting to happen, says one expert.
Weiterlesen »
Which Disastrous Superstar Would You Trust Your NBA Team With?Breaking down the burgeoning subgenre of expensive guards whom no one actually wants.
Weiterlesen »
What To Do When Your Friend Is Dating Someone Toxic, According To ExpertsWe asked experts for their advice on what to do if your friend is in a toxic relationship, how to approach the conversation, and how to support them while respecting their decisions.
Weiterlesen »
Hisense announces its own Fire TV, starting at $530 | Digital TrendsThe first AmazonFireTV from Hisense starts at $530 for a 50-inch model.
Weiterlesen »
Mott Haven residents flee thick smoke as fire rips through 4 vacant buildings overnightNo residents were hurt in this morning's fire in Mott Haven, but neighbors were left dealing with thick smoke. NatDuddridgeTV has the latest:
Weiterlesen »
Here's the Real Difference Between Your Sun, Moon, and Rising SignsOne's sun, moon, and rising signs speak to different aspects of their identity, astrologists say.
Weiterlesen »