Marijuana Regulation and Taxation Act
Governor Andrew Cuomo signed the Marijuana Regulation & Taxation Act (MRTA) on March 31, 2021 legalizing adult-use cannabis (also known as marijuana, or recreational marijuana) in New York State. The legislation creates a new Office of Cannabis Management (OCM) governed by a Cannabis Control Board to oversee and implement the law. The OCM will issue licenses and develop regulations outlining how and when business can participate in the new industry.
Adult Use Cannabis
The legalization of adult-use cannabis is an enormous public policy shift affecting many facets of society. The regulatory framework outlined in the MRTA will take time to develop and will require input from communities and stakeholders throughout the state. The Office of Cannabis Management will need to draft and issue regulations to implement the law in order for adult-use sales to begin. However, while there are currently no stores open to purchase adult-use cannabis, the possession and use of cannabis for adults 21 years of age and older in accordance with the MRTA, is now legal.
Medical Cannabis Program
The MRTA includes provisions to expand the Medical Marijuana Program, at this time the current regulations and program operations remain the same.
The regulatory framework necessary to implement the new law will have to be developed and new regulations will need to be issued and adopted for the changes to take effect.
For current information on medical marijuana, please visit the New York State Department of Health.
The Marijuana Regulation and Taxation Act authorizes the Office of Cannabis Management (OCM) to regulate the manufacturing and sale of cannabinoid hemp products (products containing cannabidiol or “CBD”) in New York State. The Office of Cannabis Management (OCM) will implement basic consumer protections to ensure cannabinoid hemp products are properly manufactured, laboratory tested and accurately labeled.
The MRTA includes provisions to expand the Cannabinoid Hemp Program, at this time, the current program operations remain the same and changes will be reflected in future regulation packages.
For current information on the Cannabinoid Hemp Program, please visit the New York State Department of Health.