Hemp companies are poised to benefit from a new law in New York put forward to help ease supply issues that have often occurred when a state has opened up a legal recreational cannabis market.
On 22nd February New York governor Kathy Hochul (Democrat) signed legislation creating a Conditional Adult-use Cannabis Cultivator licence. The law allows existing New York hemp farmers to apply for a conditional licence to grow cannabis in the 2022 growing season in anticipation of the upcoming adult-use recreational cannabis market
This article was written by one of CannIntelligence’s international correspondents. We currently employ more than 40 reporters around the world to cover individual cannabis and cannabinoid markets. For a full list, please see our Who We Are page.
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