News

Land Use and Municipal Considerations of the Cannabis Law.pdf

On March 31, 2021, Governor Andrew Cuomo signed the Marihuana Regulation and Taxation Act (“Cannabis Law”[1]) into law, legalizing adult-use cannabis in New York.  The Cannabis Law has significant land use implications that municipalities and potential business owners should be aware of.[2] The Cannabis Law establishes an Office of Cannabis Management,[3] which will oversee implementation of the new law, and a Cannabis Control Board,[4] which has the authority to grant [...]

On April 3, 2021, Governor Andrew Cuomo signed into law the State Budget for Fiscal Year 2021 (the “Budget”).[1]  The Budget includes two significant amendments to the provisions of the Real Property Tax Law (“RPTL”) governing taxation of solar, wind, or other renewable energy systems (“Energy Systems”), which primarily impact: (1) the substance of a developer’s pre-construction notice to taxing jurisdictions; (2) the taxing jurisdiction’s [...]

To learn about important dates for New York’s adult-use cannabis market, please click here:  WOH - NY Adult Use Cannabis Alert (Approx. Timeline) _ 4-20-2021.pdf

by Tim Morrison, PartnerNY MJ ACT _ WOH News Alert.pdfOn March 31, 2021, New York Governor Andrew Cuomo signed the “Marihuana Regulation and Taxation Act” (the “Act”) legalizing the use of cannabis in the State by adults 21-years of age and older.   The goals of the Act include generating significant new State revenue, ending the racially disparate impact of existing cannabis laws, and creating new industries and employment opportunities for New Yorkers.  The [...]