After the resignation of New York Governor Andrew Cuomo, it has been announced that New York Lt. Governor Kathy Hochul will fill his position. Cuomo’s resignation will go into effect on August 24. With this new shift, New York will now have a Governor who supports cannabis and believes that it is “long overdue” in regards to legalization. This could result in a great benefit for the New York cannabis market.
In a Twitter post Hochul said, “It’s time to finally legalize recreational marijuana and create an equitable adult-use cannabis program that generates much-needed revenue for New York.”
As Hochul steps into her position New Yorkers can anticipate the roll out of a cannabis licensing program, the opening of numerous stores as well as new social equity programs for the state. As one chapter comes to an end for the State of New York, another is opening and it could lead to the future of cannabis within the state.
https://www.leafly.com/news/politics/heres-where-new-yorks-next-governor-stands-on-marijuana-legalization