It's the enforcement authority New York's legal market has been asking for since day one.
Read the rest in today's @CultivatedNews
https://t.co/Xy5bcnNxy6
Once signed, operators caught using legitimate licenses to move illicit-market product face penalties up to $10,000 per day, plus up to five times the revenue from any prohibited sale
Labs that issue fraudulent lab certificates face presumptive license revocation.
New York just became the first state to formally define and penalize cannabis inversion.
The State Senate passed the Cannabis Supply Chain Integrity and Anti-Inversion Act 60-1 yesterday.
It now goes to Gov. Kathy Hochul.
The Empire State Green Standard Alliance today applauded the NY Legislature for passing a bill "to combat cannabis inversion and provide regulators with powerful new tools to protect consumers and the integrity of New York's legal cannabis market." https://t.co/6fnUKNVkzZ
Thank you Senator @SenatorCooney and Assemblyman @Dais77NY for your steadfast leadership.
Now it’s time for encourage Governor Hochul to sign it. #NYCannabis
The Cannabis Supply Chain Integrity and Anti-Inversion Act (S8951B/A10698B) has passed the New York State Legislature UNANIMOUSLY.
A major win for cannabis consumers, market integrity, and enforcement against illicit cannabis entering New York’s legal market.
Thank you to @SenatorCooney and @Dais77NY for championing transparency and accountability in New York’s cannabis market.
We crafted this bill because consumers deserve confidence that New York’s cannabis market is operating fairly and according to the rules.
Is the legislature going to take a big swing at #marijuana inversion?
Senate bill from @JeremyCooneyROC made it to the floor earlier this month and the Assembly bill from @Dais77NY just got moved to Ways & Means.
We discusses this proposal back in April.
https://t.co/MqWiZhs3Wk
We are very pleased to see John Kagia will be at the helm of @nys_cannabis. John’s deep institutional knowledge, steady leadership, and commitment to equitable industry growth make him exceptionally well-suited to guide this pivotal agency.
https://t.co/gL85MuMUxH
The NY Times says America has a "marijuana problem."
It forgot to mention the data.
That youth use is down.
The federal medical findings.
That cannabis is safer than alcohol.
That’s not analysis.
@anandastrategy breaks it down in @HIGH_TIMES_Mag 👇
https://t.co/jm6pdVdxMb
Avoid using cannabis if you are pregnant or chestfeeding. It is associated with low birth weight or altered brain development in infants. Learn more about the health risks of using cannabis. https://t.co/QoQCv0q2iN
These early challenges underscore the importance of collaboration between regulators, technology partners, and licensees to ensure STS works as intended. When implemented effectively, STS tracking protects consumers and safeguards market integrity. #ny#cannabis
Several cos are expected to join a lawsuit aiming to halt new track-and-trace requirements in NY cannabis market as licensees report widespread Metrc integration issues. An operator said it will cut $2M in profits. @CultivatedMedia has the scoop and deets.
https://t.co/jxc1QsEHYJ
Appreciate the mention, @anandastrategy. Smart, balanced take on NY’s cannabis landscape. Glad to see consumer protection part of the conversation.
https://t.co/6UCnVzjsf9
@GovKathyHochul@CapPressRoom@GSA_org@Joe_Rossi_@nys_cannabis Here's the full 26 min interview (1:00-27:00) w/ Herb Barbot, formerly of OCM.
A candid assessment of @GovKathyHochul's stewardship of NY cannabis.
"Dispatches from Planet Albany: About that recreational marijuana rollout in New York ... "
https://t.co/FEXy6Mm02F
Muscle relaxers often cause sedation, dependency, and cognitive side effects. These studies suggest cannabis, when used responsibly at low, controlled doses, may be a safer long-term option for many patients.
Evidence—not stigma—should guide health policy.
Two new drug trials find a THC-based cannabis extract could help with a condition that affects millions: chronic lower back pain. 🔗 https://t.co/pb7hsq9lEt
"...and a commitment to fully realizing the promise of the Marijuana Regulation and Taxation Act to provide safe cannabis products while uplifting social equity." - Herb Barbot, Chair of Empire State Green Standard Alliance
“New York’s cannabis consumers deserve stability, transparency, and consistent enforcement. Disruptive leadership changes at the Office of Cannabis Management only heighten the urgency for a regulatory framework that is clear, accountable, and laser-focused on public safety..."
CONFIRMED: Ouster of @NYS_Cannabis acting executive director comes at the direction of the governor in light of a failed enforcement action.
“As a result, I directed my office to take action, including requesting the resignation of the Acting Executive Director," said Hochul.
"...This is a pivotal moment for the state to reaffirm its commitment to testing integrity, honest labeling, and a legal market that the public can trust. The State must conduct a true search for the agency’s next leader - someone with industry experience, credibility..."