Business

New York residents have a marijuana license to obtain the first commercial license

ALBANY, NY – New York State will soon announce plans to launch its first marijuana store by the end of the year, giving applicants the opportunity to access a pharmacy-owned drug cartel. bank and offers tasty treats like a brand new shop rental. state.

Just catch up? To be one of the first state drug dealers, you or a family member must be convicted of a marijuana offense.

The forecast, announced by Governor Kathy Hochul on Thursday, is part of a strong push to ensure that the first billion-dollar marijuana business owners will be affected by the country’s decades-long civil war. . war and drugs.

Supporting marijuana-addicted people and promoting their business for sale, New York as it seeks to avoid the pitfalls encountered in other states, which have seen people seeking “public equity” in business other mothers with pop marijuana are struggling with the problem. such as lack of capital or competition from industry performance in the pocket.

Chris Alexander, president of the State Office of Cannabis Management, said that by focusing on time and “those who would have left,” New York is in a position to “do something unprecedented.”

To accomplish that, Ms. Hochul has earmarked – and legislators are likely to pass – include $ 200 million in this year’s budget to support developing businesses, fundraising, save and renovate stores for sales. The need for state aid is acute in New York City, where housing prices have soared as Covid’s disease has plummeted.

Under a law passed last March that authorizes the possession and use of marijuana in adult play, half of the marijuana-related rights.including those for growers and other parts of supply chainReserved for women, minorities, vulnerable farmers, military personnel and “people living in communities not affected by drug war.”

In New York, Black and Latino residents over the years are more likely to be arrested on marijuana charges than whites and non-Hispanics.

Mr. Alexander said he expects between 100 and 200 licenses to go to those convicted of marijuana offenses before the drug is legalized, or who have a “parent, guardian, child, spouse, or dependent “has marijuana. case.

Mr. Alexander also said that his company will review applicants’ documents and business plans and their experience in marketing.

The resulting server will be the first to open in the state by the end of the year, Mr. Alexander said, although some others may open for a short time, perhaps in early 2023. The state has not yet set a limit on the number of free trade rights. he intends to withdraw; State officials said it would depend on market demand.

The proposed guidelines were published on Wednesday afternoon on the cannabis control website; The state’s Cannabis Control Board is expected to meet on Thursday to discuss them, expecting support.

First-time applicants will include people like Baron Fajardo, a Harlem resident who plans to apply for a business license. He was 16 years old when police found him smoking marijuana on the street and arrested him. Twelve more were arrested as it went from a smoker to a dealer.

He said it was a blessing that New York was planning to give people like him the opportunity to develop their experience legally that would enable them to meet the needs of their families and begin to develop the next generation’s economy.

Mr. Fajardo, now 34 years old, says: “As a frustrated person, you have suffered a few setbacks, such as ‘Oh, I have a flaw in my name.’ ”

Mr Alexander said he thought giving so-called “equal opportunity entrepreneurs” the opportunity to persuade customers before the cannabis industry was established – including those currently operating marijuana clinics – to start competing with them. will help them succeed.

“I can click the green button now and have 40 media outlets online,” Mr. Alexander said, referring to the current state health facility. “But instead, we have determined that those most affected have the opportunity and the right airline to participate in a meaningful way.”

The state also hopes that some people in the illegal marijuana market – sometimes referred to as “inheritors” – may be able to apply for a license but instead and can be taken by some seekers of equal size.

The initial impression of this plan seems to be positive, especially among those who are upset because of the state’s limited means to legalize the drug as well as to establish a retail industry.

Kassandra Frederique, head of the Drug Policy Alliance, a country that advocates for more liberal drug laws, said New York seems to be learning lessons from other states where the promise of equality is open to the public. that a king “does not always exist in the ways of men. wants. “

“I think they are first settling for something difficult, I think that’s interesting,” he said, declaring the need for a new business for capital. “If you are the first victim, you should be the first to benefit.”

State Rep. Liz Krueger, a Democrat from the Upper East Side, said she expects $ 200 million to be budgeted for, by April.

“We want them to be successful, which means we need to help some of them,” he said, adding that signing a lease could be a tricky idea for sellers. market “has been selling illegally in the backyard until recently.”

Ms. Krueger said, “They may not have bank accounts and books and the landlord’s attorneys would like to take action.”

Preparations for the introduction of marijuana into recreation will begin next week, as the state plans to open a registration system for farmers, who will plant the drug on farms in the state and provide it to sell their new products, promising farmers will work. has customers as the market opens up.

Although marijuana was legalized in New York last year, in a move that included the elimination of several previous cases, the recovery of the sellers was swift – allowing some retailers money on ethnic land near canada set up an unlicensed company. Neighboring states like Massachusetts, which began selling marijuana in 2018, began attracting enthusiastic consumers in New York at this time.

In addition to criteria-based approaches, Mr. Alexander said his company would consider petitioners’ who run a successful business – a reminder that the state has both ideological and revenue goals to meet. Forty percent of the tax comes from the new media industry that is earmarked for the drug-affected community.

Still, he is confident that there are enough qualified people to apply in New York, realizing that the hard work of the marijuana police has reached hundreds of thousands of residents.

“We’re confident those are available,” Mr. Alexander said. “We know a lot of people continue to do great things,” despite past drug allegations.

Other states have tried to emphasize fairness in their markets. But in California, for example, such efforts have been fueled by stricter legislation, higher taxes and greater barriers to entry that have made the state more determined, many years later, to end black market and do well of untested, tax-free grass.

And in New Jersey, public interest seekers looking forward to using New York-style legislation have struggled to find capital and loans – part of the motivation behind New York’s $ 200 billion spending.

Reports of the Governor’s plan drew a large nation from State Senator Rob Ortt, a junior leader, who criticized Albany-dominated Democrats for handing over “hundreds of millions of dollars in tax dollars to criminals.”

“This is just another reminder that Albany is not interested in the needs of New York law-abiding citizens, taxpayers, and doing the right thing,” he said. Ortt said in a statement.

Mr Alexander dismissed criticism of the decision to uphold those with a criminal record, saying lawmakers made it clear his intention to pass the law last year, and said the state was paying when all for economic development in many industries.

The state legislator Crystal Peoples-Stokes, the leader of several parties, said the move to bring marijuana cases to justice was an important step to ensure that companies did not dominate non-state parties.

“We are trying to do what no other state has done, and that is the focus of their people,” said Peoples-Stokes, a lawmaker. “It’s very important because it’s a big company that is going to grow our economy. I think it makes sense to let that growth start in New Yorkers.”

Even those who do not agree on marijuana seem to support the state’s plan. Lulu Tsui plans to apply to open a delivery center in Brooklyn. Ms. Tsui hopes to qualify as a politician because she is a Chinese-American, although she will come back to those who have such convictions.

But that should be the case, he said.

He said: “They deserve a reward. “Their blood, sweat, sacrifice, time precedes everyone else.”

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