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Licensed cannabis retailers are popping up all over New York State, making it more convenient for consumers to find a State-sanctioned establishment. But with the proliferation of licensed retailers comes necessary regulatory...more
Overhaul of the NYS Office of Cannabis Management- Governor Hochul has directed an operational overhaul of the state’s Office of Cannabis Management (OCM). This follows a 30-day assessment by the Office of General Services,...more
“It’d be like, if one day, the government determined that any hard liquor that’s 40 proof or greater would cause harm” to certain groups, rendering it illegal in stores, homes, and warehouses.” The hemp industry in New York...more
US Sentencing Commission Seeks Amendment To Allow for More Lenient Treatment for People With Prior Cannabis Convictions - The U.S. Sentencing Commission approved a series of amendments to current sentencing guidelines on...more
To help New York cannabis industry entrepreneurs get their businesses off on the right foot, VS's New York team created an eight-part series of VS Insights to assist in navigating the path to applying for a New York cannabis...more
The New York State Department of Taxation and Finance (the “Department”) has created a new webpage addressing the adult-use cannabis product taxation structure, including how to register with the Department, the Department’s...more
New York, which only recently passed an ambitious adult-use cannabis bill, has also positioned itself as a leader in the field of hemp cannabinoid products, and just today, May 19, 2021, updated its regulations and standards...more
Governor Andrew Cuomo announced that the New York State Department of Health is now accepting applications from businesses seeking licensure to operate as cannabinoid hemp processors, retailers, or distributors. Cannabinoid...more