Marijuana Regulation and Taxation Act
In order for those sales to happen, New York must first establish a regulated marketplace.
Gov. Cuomo signed into law the “Marijuana Regulation and Taxation Act“ which includes provisions that may change how the state will regulate its hemp industry.
New York just cemented its status as the cannabis tourism capital of the world.
As the nation’s third largest economy and fourth most populous state, New York has the opportunity to set the gold standard for state cannabis industries.
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