Minority cannabis business owners to get leg up for May 20 N.Y. industry event
Updated May 12, 2021;
Social equity — a factor that has become a centerpiece for conversations surrounding access to the cannabis space, will remain a complex challenge as a new industry tries to ingratiate the concept into its daily operations.
Barriers to entry are going to play a big role for social equity applicants, said Harvest 360 co-founder
David Serrano, who owns and operates a cannabis-friendly campground and farm in Shawangunk, New York.
“Applicants are going to need support from their municipality, and unfortunately, folks with the most money have historically been given more attention and consideration,” he said.
N.Y. state’s lawmaker who led charge for cannabis legalization to speak at business conference. Sign up here.
Updated May 10, 2021;
Posted May 10, 2021
Assemblywoman Crystal Peoples-Stokes, a Democrat who represents Buffalo, speaks at a rally for cannabis legalization at the New York State Capitol in Albany in early 2020. On May 20, Peoples-Stokes will be a keynote speaker for NY Cannabis Insider Live. (AP Photo/Ryan Tarinelli)AP
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The New York state lawmaker who for years has led the charge on legalizing adult-use cannabis says she’s excited about what lies ahead.
“I know that at the end of the day this will create opportunities for people,” said New York State Assembly Majority Leader
Getting it right
Issue 164: Social equity remains front and center at CRC meeting, N.Y. state parade, elsewhere. Plus, Peoples-Stokes joins our N.Y. business event.
Updated on 11:10 PM;
Today 9:54 PM
This week’s theme of getting it right is not an easy task.
In a world of globalization and intersection, getting it right has never been harder.
With cannabis, the accompanying harms inflicted upon communities affected by trauma from the War on Drugs has bore witness to the potential for something that has often eluded them.
Economic justice.
The cannabis industry, new in its incarnation, represents the old business adage that it is easier to adapt something new than it is to try to change something old.
WSHU's J.D. Allen reports
New York is home to nearly 700 cannabis growers. Many are licensed medical marijauna providers. About 100 grow and process hemp into products like rope, fabrics and oils.
It could take over a year for the state’s new Office of Cannabis Management to regulate how recreational marijuana can be locally grown and sold.
Allan Gandelman heads the New York Cannabis Growers and Processors Association. He said that should have been a red flag to lawmakers when they made possession of a small amount of marijuana legal statewide on March 31.
“Cannabis is not for the faint of heart. It is a new industry and is going to have a ton of regulations and bottlenecks that, at times, we have regulations that actually are conflicting with each other, and we don't know which ones are the right one, and who's going to follow what and who's doing enforcement,” Gandelman said.
(WSHU) – Farmers in New York that hope to grow recreational marijuana might be out of luck this planting season. The state might not authorize the planting of that kind of cannabis for another year or more.
New York is home to nearly 700 cannabis growers. Many are licensed medical marijuana providers. About 100 grow and process hemp into products like rope, fabrics and oils.
It could take over a year for the state’s new Office of Cannabis Management to regulate how recreational marijuana can be locally grown and sold.
Allan Gandelman heads the New York Cannabis Growers and Processors Association. He said that should have been a red flag to lawmakers when they made possession of a small amount of marijuana legal statewide on March 31.
Business, policy, social equity experts to lead NY Cannabis Insider virtual networking event
Updated May 04, 2021;
Posted May 04, 2021
NY Cannabis Insider is a virtual conference covering the business opportunities in New York's new marijuana legalization law. It's 10 a.m. to 1 p.m. May 20.
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Experts in the business, policy and social equity aspects of New York’s emerging legal marijuana landscape will be among the speakers and panelists at an online seminar taking place May 20.
Presented by Hance Construction, NY Cannabis Insider is a virtual conference that aims to help current and new entrepreneurs learn the ins and outs of what is shaping up to be a potentially lucrative yet complicated business.
Business, policy, social equity experts to lead NY Cannabis Insider virtual networking event silive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from silive.com Daily Mail and Mail on Sunday newspapers.
1:51
Farmers in New York that hope to grow recreational marijuana might be out of luck this planting season. The state might not authorize the planting of that kind of cannabis for another year or more.
New York is home to nearly 700 cannabis growers. Many are licensed medical marijauna providers. About 100 grow and process hemp into products like rope, fabrics and oils.
It could take over a year for the state’s new Office of Cannabis Management to regulate how recreational marijuana can be locally grown and sold.
Allan Gandelman heads the New York Cannabis Growers and Processors Association. He said that should have been a red flag to lawmakers when they made possession of a small amount of marijuana legal statewide on March 31.
Courtesy of Jen Drake, Crystal Peoples-Stokes, Allen Gandelman, Gia Morón; Shayanne Gal/Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Meet the lawmakers, regulators, executives, and investors shaping the future of New York's cannabis industry.
New York legalized cannabis on March 31 and sales are expected to start in 2022.
New York legalized cannabis for adults over the age of 21 in March, setting off a gold rush for companies looking to take advantage of the potentially $7 billion market in the US's financial capital.
Right now, there are only ten cannabis licenses in the state's medical market, and the companies that own each license will look to quickly transition from New York's relatively limited medical market to the recreational market.