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New York Assembly Hearing Held on Recreational Marijuana

Lawmakers heard testimony from several experts Thursday on the potential of allowing regulated cannabis sales and possession in the state.

January 12, 2018

NEW YORK (NEWS10) – A hearing was held in New York to discuss the possible decriminalization of marijuana.

Lawmakers heard testimony from several experts on Thursday, including the Alcohol and Drug Abuse Committee, on the potential of allowing regulated cannabis sales and possession in New York.

Assembly members looked at studies that showed a disproportionate number of African American and Latino New Yorkers continue to be arrested each year for possessing small amounts of marijuana.

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The state’s 32 medical cannabis dispensaries eclipsed nine figures for the year, pushing the state’s combined sales total close to $1 billion for 2024 alone.

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Illinois legislation to regulate hemp products, the DEA’s subpoena blunder and Minnesota’s unknown launch were among the most-read articles this month.

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FLUENT Completes Acquisition of RIV Capital, Adding New York Operations to Footprint

The all-stock transaction accelerates FLUENT’s entry into one of the fast-growing cannabis markets in the world.

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