Mayor Eric Adams announced efforts to make New York City the cannabis capital of the world by facilitating legal cannabis businesses. At the NYC Cannabis Fair, he emphasized the importance of reducing barriers for entrepreneurs. Currently, there are 175 legal dispensaries, contributing to equity in communities affected by cannabis prohibition. Challenges remain, including pending court decisions causing delays in applications. The event, organized by the Department of Small Business Services, aims to support the burgeoning cannabis industry and its stakeholders in New York.
We want to make sure that New York becomes the cannabis capital of the globe, Adams said. Learn, get more information and let's keep lighting up.
It's not just about celebration. It's about equity. Harlem, like many communities of color, was disproportionately impacted by cannabis prohibition, Gross said.
We want to reduce the hurdles you have to go through to get the business up and going, Adams stated, including agencies and organizations seeking to help those interested and involved in the cannabis industry.
Still, legal hurdles remain, including pending court decisions that officials said are leading to delays in processing applications.
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