New York could potentially become one of the biggest marijuana markets in the world according to some reports. However, the existing medical cannabis program is heavily regulated and has experts questioning how a possible adult-use market would flourish. Governor Andrew Cuomo wants to steer adult-use legalization through the state Legislature by next spring. But a strong transition to a commercial recreational marijuana market in New York could be hampered by the fact the state’s MMJ program remains one of the most restrictive. Hurdles include a ban on a smokable flower, limited licenses, a relatively small number of dispensaries, and patient-access issues. Also, industry officials are concerned that the New York MMJ program has been static. Besides being flexible during the coronavirus pandemic, the state hasn’t implemented any significant changes, including recommendations made in 2018.
Marijuana Business Daily, 10/28/2020 06:30:52
Open article: https://mjbizdaily.com/new-york-limited-medical-cannabis-program-might-hinder-a-new-adult-use-market/