New York – Roughly 100 of the state’s first marijuana retail licenses will be given out to New York State people who have been previously convicted of a marijuana-related offense.
On Thursday, March 10, Governor Kathy Hochul is expected to make the official announcement, though regulations have already been posted online by the state.
New York Governor wants $200 million of the state’s 2022-23 budget to go towards support for burgeoning cannabis retail businesses.
The future sales from legal recreational cannabis are expected to bring billions to New York’s economy.
On Saturday, March 26, Finger Lakes Community College will host the Finger Lakes Cannabis Business Incubator Symposium from 9 a.m. to 12:30 p.m.