New York Marijuana News Update

New York Marijuana News Update Governor Cuomo’s Plan Governor Cuomo is going to propose marijuana regulation. Note, he calls it “regulation” and not “recreation” so as not to remind anyone that marijuana can be fun.  He will propose it as a part of his proposed budget for the 19-20 fiscal year. I have been predicting this for months- since the Governor issued the Health Department’s report ahead of the election to signal his new position on legalization, ahem, I mean regulation.  Because marijuana legalization has a revenue component, Cuomo does not need any legislators to introduce a bill for him.  The state constitution allows him to propose whatever he likes as a part of the budgeting process if it has a fiscal impact, so he can take all the credit. New York Will Screw it Up If you are wondering how it will go, one can expect the state will tax it too high, will allow local governments to pile on and tax it into oblivion, will allow town boards to ban it completely (we have whole towns in NY that are orthodox Jewish and allowed to be segregated if you can believe that) and will not allow… 

Little Ole’ Tompkins County NY and Marijuana

Tompkins County Legislature Declares Support for Marijuana Legalization in New York The Tompkins County Legislature has officially declared its support for marijuana legalization in New York by issuing a formal resolution. Tompkins County is in rural Central NY and includes the city of Ithaca, home of Cornell University.  Cornell stands to be in the forefront of agricultural hemp and marijuana research and must be eagerly awaiting legalization. An Interesting Read Here is the resolution in part. It reads like a total damnation of marijuana prohibition in the US and NY especially: WHEREAS, since the drug war was initiated in the 1970s, over $1 trillion has been spent nationally enforcing drug laws, including those pertaining to marijuana, and WHEREAS, the existing drug laws have contributed significantly to the mass incarceration of two million American citizens which represents the highest imprisonment rate of any nation and 25% of the world’s prisoners, and WHEREAS, marijuana is the most widely used illicit substance and marijuana possession is the most commonly charged drug offense; accounting each year for over 600,000 Americans who are arrested, imprisoned, fined, or otherwise criminalized and stigmatized, potentially for life, because of their use of marijuana, and WHEREAS, New York State… 

Canadian Cannabis Shortage

Widespread Canadian Cannabis Shortage Experts are predicting Canada will suffer a legal weed shortage until at least 2020.  What do Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Quebec, and Saskatchewan have in common?  They have all had serious cannabis shortages. Devastating for Business and Hourly Employees One dispensary took only a few hours to sell out and had to close their doors before lunch on opening day.  This is devastating for the businesses that depend on the predicted revenue and employees who depend on the hours of pay they expected to get. One dispensary suspended online sales because they sold have their inventory online in minutes. Government’s Inaction – Time to Speak Up! Everyone said this wasn’t going to happen, but seriously, the government kills just about everything it touches.  The government doesn’t care about businesses failing or investors’ money going down the drain.  Government has little regard for business and most government employees have never had to make a payroll or pay attention to the bottom line. Instead of re-grouping and re-engineering their processes, they will continue to slow walk the applications for licenses unless they are re-motivated. Convicting Government Incompetence – Time to Speak Up!… 

How to Shop for Marijuana in Massachusetts

How to Shop for Marijuana in Massachusetts So now that a couple of stores are open in Massachusetts, here is what you need to know. Where can I buy marijuana? So far, just two have opened their doors: Cultivate in Leicester and New England Treatment Access, or NETA, in Northampton. The next to open are likely to be Pharmacannis Massachusetts in Wareham, Alternative Therapies Group in Salem, and INSA in Easthampton. What should I buy? Whatever you buy, just take it slow.  If you haven’t had a toke since 1979 you will be knocked on your behind if you suck on a joint the way you used to. There has been a lot of genetic engineering over the last 40 years. The bud tenders are solid though and will steer you in the right direction. Don’t be afraid to ask questions. How much will it cost? Doesn’t matter – just bring lots of cash and since you will be waiting in a long – get all you can afford within the legal limit. For about $60, you’ll get an eighth of an ounce.  That’s enough for light smoker for a few weeks. How much can I buy? Legally,… 

Marijuana Stores are Open in Massachusetts

Marijuana Stores are Open in Massachusetts A full two years after the law passed, the first two recreational marijuana shops opened in Massachusetts. So far, just two have opened their doors: Cultivate in Leicester and New England Treatment Access, or NETA, in Northampton – Sorry Boston. You are going to have to wait even longer. What’s Next? The next to open are likely to be Pharmacannis Massachusetts in Wareham, Alternative Therapies Group in Salem, and INSA in Easthampton – Sorry Pittsfield. You are going to have to wait even longer. They still need inspections. Long Lines Be ready to wait in line if you are lucky enough to make it to Leicester or Northampton. Local Government Moratoriums – Time to Speak Up The state blames local governments for the delay. Many towns have moratoriums on pot companies set to expire on Jan. 1.  It’s time to make your opinion known if you want to see those moratoriums lifted. And that you don’t want a moratorium replaced with permitting hurdles like large fees or a regulatory mine field. Back to Boston – Time to speak Up, Bostonians Although Bostonians overwhelmingly voted for legalization, the administration of Mayor Martin J.… 

New Jersey Marijuana News

New Jersey Marijuana News Democratic leaders of the state Legislature recently released the most recent version of a blueprint to create a legal marijuana industry in New Jersey and allow low-level criminal arrests and convictions to be expunged. The “New Jersey Cannabis Regulatory and Expungement Aid Modernization Act” would: legalize the possession and personal use of one ounce or less of marijuana for people at least 21 years old, create, regulate and impose a 12 percent tax a commercial marijuana industry an extra 2 percent excise tax would be raised for towns which host cannabis businesses. Allow cannabis delivery services. Dispensaries could create smoking lounges. The legislation also creates a method for an “expedited expungement” process for people who have prior arrests and convictions for possession or distributing up to an ounce of marijuana. Addresses social justice issues in licensing. The next public step is a possible vote by the full Senate and Assembly in mid-December. If you are an investor watching what’ happening – watch the labor union aspect of this.  If NJ requires companies who get licenses to employ unionized workers it will be a big hit to the bottom line and may exclude the bigger… 

New York Marijuana News – Legalization Soon

Legalization of Recreational Marijuana Coming Soon Watch for the Governor’s “State of the State” and proposed annual budget presentations early next year.  The Governor usually issues his state of the state address on the first day of the legislative session which in 2019 is January 9.  He has until February 1 to issue his proposed budget.  It’s quite possible he will do both at the same time. Nevertheless, the Governor of NY will almost certainly include revenue-generating marijuana expansion legislation as a part of his 2019-2020 fiscal year proposed budget.  This is his opportunity to issue “his” bill and not just tag along to a legislator’s bill. This Governor will surely want to take 100% credit for it, so I can’t see him missing this opportunity.

List of Medical Marijuana Products Currently Available In NY

List of Medical Marijuana Products Currently Available In NY The NYS Department of Health released a two-year report on the medical marijuana program on 11/14/18.    The report can be found here. The report was required by the law and doesn’t make any solid recommendations to fix the major problem with the program – no weed, no grow your own allowance nothing that will help poor people who need medical marijuana. There was one useful thing though – list of medical marijuana products currently available in NY.  See below.

House, Senate Majorities and Marijuana

House, Senate Majorities and Marijuana Elections Have Consequences What do the election results mean for cannabis?  I have seen opinions from every possible angle.  One of them will be right.  It might as well be mine, so here are my thoughts.  Please forgive my jaded opinions of politicians. I can’t help myself. House of Representatives I think Republican House members will increasingly support marijuana because the majority of the population does and they want to get re-elected.  This bodes well for the House being able to pass a bill.  Democrats will support anything they think young people and people of color want because they want to get re-elected. Even though all their leaders are septuagenarians or better, they like to feel like they are back in their Woodstock days, young and carefree – Free college, free healthcare, free transportation, free cannabis, free love, free weed… Senate So if a House bill to eliminate or modify prohibition gets to the Senate, it has a good chance of getting a debate and vote because Republicans believe in state’s rights and may go along for that reason.  I would say that another great reason for Republicans to vote on prohibition is… 

My Ill-Fated Trip to a Massachusetts Dispensary

My Ill-Fated Trip to a Massachusetts Dispensary Leaf Peeping in the Berkshires So I went to Massachusetts last weekend to check out a recreational marijuana dispensary.  As you know, recreational marijuana has been “legal” since July 1.  I am curious to see the inside of one and I will take any chance to visit the Beautiful Berkshire Mountains of Massachusetts.  It was a beautiful 1-hour drive and the leaves are still on the trees, very pretty. Breaking the Law, Me? Sure, it is technically illegal for me to cross state lines to buy it but as long as I didn’t buy more than I can possess in NY (and not get more than a 100 dollar fine if I got caught) I would be OK.  I toyed with the idea that the Feds might catch me and I would go to Leavenworth Kansas, but I’ve crossed the Berkshires many times and never saw any Feds there, so I let that one go. Not So Fast Bonnie and Clyde It was a comedy of errors. I made it to a medical dispensary and stood outside like a dummy ringing the doorbell because I hadn’t changed the clock in my…