New York is expected to reach $4.2B in annual sales by 2027 and according to the Marijuana Policy Project, the entire Northeast region, including New Jersey, Connecticut, Massachusetts and Vermont, is expected to generate $8.7 billion in sales by that year.
"We’re encouraged that SB711 has been advanced by the Judiciary Committee. This is a crucial hurdle that has been cleared on the road to full passage," said DeVaughn Ward, MPP's senior legislative counsel.
"We hope to see increased opportunities for independent local businesses and persons with prior convictions in the industry included in future iterations of the bill," said DeVaughn Ward, MPP's senior legislative counsel.
"The presence of a cannabis legalization initiative on the ballot would not decisively change the outcome of other races in Ohio, but it is more likely to benefit Democrats than Republicans given that a higher percentage of Democrats support cannabis legalization," said Matthew Schweich, MPP's deputy director.
"A felony for possession of cannabis in prison is excessive and will result in longer sentences that do not serve the interests of public safety or justice," said Matthew Schweich, MPP's deputy director.
"If you want to look at some choice real estate now for a grow or processing facility you could find yourself in the position of having to buy that lease now and wait two years before you can get your business up and running, and that could be ruinous," said Steve Hawkins, MPP's executive director.
"Opponents of cannabis policy reform are realizing that it’s almost impossible for them to win at the ballot box. As a result, we’re seeing more attempts to overturn the will of the people through legal technicalities and direct assaults on the initiative process itself. Nebraskan patients learned this the hard way last year, but the families and patients fighting for medical cannabis in the state are not going to simply give up when their loved ones’ lives are on the line," said Jared Moffat, MPP's campaigns manager.