New York Governor Kathy Hochul is forging ahead where former Gov. Andrew Cuomo stopped.
Former Gov. Andrew Cuomo signed New York’s adult-use legalization bill for cannabis use but then resigned before instating anything else for the cannabis industry.
In February 2022, Governor Kathy Hochul signed Senate Bill S8084, allowing hemp farmers to apply for a conditional adult-use cannabis cultivator license to grow cannabis. The conditional licenses enable hemp farmers to grow cannabis outdoors or in a greenhouse for up to two years from the date of issue of the permit.
Senate Bill S8084 also allows for a conditional adult-use processor license. This license is available to hemp processors to manufacture and distribute cannabis flower products without holding an adult-use processor or distributor license until June 1, 2023. The conditional license does limit the size of the operation.
With the signing of this legislation, New York hopes to create approximately 60,000 jobs and 3.5 billion dollars for New York’s economy.