Smith Douglass Associates

Podcast – What is New York’s Cannabis Act?

If you live in New York State, you have probably heard that Governor Cuomo is working on legislation to legalize recreational marijuana. The Cannabis Act is actually an incredibly complex program that not only allows the legal sale of marijuana, but includes a wide array of taxes, licenses, and other governmental oversight. Even if it passes this season, it will take years to actually implement.

In this episode of The LIPN Podcast, I spoke with criminal attorney Daniel Johnston of Johnston Law to get his take on this bill. Not only would the Cannabis Act be a vast governmental undertaking, there would also be incredible commercial opportunities available. But more importantly, it should update New York’s (what can only be charitably called byzantine) marijuana laws. Seriously – the laws about edibles are jaw-dropping.