Last year, New York became the 23rd state in the country to legalize medical marijuana. New York State has decriminalized the possession of up to 25 grams of marijuana since 1977. However, many arrests are made every year for public use of marijuana in New York City. The Marijuana Regulations and Taxation Act was introduced in 2014 to put an end to these arrests.
The New Recreational Marijuana Use Law has since been rejected and amended and now Democratic Senator Liz Krueger is committed to pushing it through in early 2015. If this bill passes, retail marijuana dispensaries would be allowed to operate and they would be regulated by the State Liquor Authority. The bill would establish an excise tax on marijuana sales. Individuals would be allowed to possess two ounces of marijuana and grow up to six marijuana plants for personal use.
A similar bill was introduced by Krueger in 2013, but it never made it out of committee. The reintroduction of this bill in 2015 contains many changes related to the tax structure and who can work in the State’s marijuana industry.
When Colorado and Washington legalized recreational marijuana in 2012, they had to go through voter-approved ballot measures. New York is not a referendum state and will not require voter approval. If this bill is signed, it will become effective immediately in New York State.
The Wright Law Firm P.C. handles all matters relating to the New York State Liquor Authority. We have assisted clients in obtaining liquor licenses for many years. If the New Recreational Marijuana Use Law should pass, the firm plans to include this new and exciting area into our practice.
If you have a question relating to any State Liquor Authority matter, call The Wright Law Firm P.C. at (212) 619-1500.