New York Gov. Kathy Hochul (D) signed two new cannabis-related bills into law over the weekend—one to revive the Cannabis Growers Showcase program, where producers sell products directly to consumers at farmers market-style events, and another clarifying that cannabis is categorized as an agricultural crop in the state.
Hochul vetoed a separate measure, however, that would have given marijuana businesses more leeway in how they pay taxes.
Legislative leaders cheered the two new laws, which they said will support cannabis farmers and help build a more robust legal marijuana market.
“These two new laws create lasting business opportunities for New York’s cannabis growers and offer the same financial relief already in place for other farmers,” Sen. Michelle Hinchey (D), chair of the Senate Agriculture Committee, said in a statement. “Those who are stepping up to build our cannabis industry—literally from the ground up—shouldn’t face unnecessary hurdles to growing their product and getting it to market.”
The sales bill, A10398/S9679, renews an earlier program that was launched by New York regulators as the state’s regulated retail market was just getting off the ground. It gives the state Office of Cannabis Management (OCM) authorization to grant permits for Cannabis Showcase Events, essentially
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