Senator Liz Krueger to Element ‘Nation-Main’ Mannequin for Hashish Legalisation at Main Summit

Prohibition partner
August 10, 2021

  • Senator Krueger is accompanied by over 300 of the most influential political, business, legal, and financial leaders for a one-day program of keynote talks, panels, and networking to develop a workable roadmap for the future of this brand new industry in New York.
  • Additional speakers at the Summit on September 29th at The Rainbow Room, Rockefeller Center include: State Senator Brad Hoylman and Pablo Zuanic, General Manager of Cantor Fitzgerald.
  • Prohibition Partners estimates that total medical cannabis and adult cannabis sales in New York will reach $ 2.6 billion in 2022 and will increase to $ 3.9 billion by 2025.

“New Yorkers should expect a ‘nationally leading’ model for marijuana legalization that focuses on racial justice, consumer safety, economic growth and a systematic deconstruction of the illegal market,” says the main sponsor of the Marijuana Regulation and Taxation Act (MRTA). , State Senator Liz Krueger.

As the main sponsor of the MRTA, Senator Krueger was instrumental in enforcing the policy change that removed marijuana from the state’s Controlled Substances Act in March this year, which in turn allowed New Yorkers over the age of 21 to legally possess and smoke cannabis. With the passage of the MRTA in March of this year, legal cannabis sales in New York will begin sometime in 2022.

The new capital of cannabis?

Speaking to Prohibition Partners and Business of Cannabis ahead of the upcoming Business of Cannabis: New York Summit on 29, to implement a nationwide leading model of what the legalization of marijuana could look like by legalizing adult cannabis in a way that allows racial justice in It brings security to the fore while balancing security with economic growth, encouraging new small businesses, and significantly reducing the illicit market.

As a sponsor of the Marijuana Regulation and Taxation Act (MRTA), which went into effect in March, my goal has always been to end the racially diverse enforcement of the marijuana ban that has plagued color communities across our state, and the economic godsend of legalization to heal and repair these communities. It will be critical that these goals are prioritized as MRTA is implemented in the coming months. “

New York’s “nationally leading marijuana legalization model,” already the global corporate finance capital, could make the city the largest cannabis market in North America and, in turn, vicariously, the new cannabis capital of the world.

Prohibition Partners estimates that total medical cannabis and adult cannabis sales in New York will reach $ 2.6 billion in 2022 and will increase to $ 3.9 billion by 2025.

The melting pot

Business of Cannabis: New York takes place on September 29th at the Rainbow Room, Rockefeller Center. The new and exclusive cannabis conference will bring together over 300 of the most influential political, business, legal and financial leaders to develop a workable roadmap for the legal cannabis industry in New York.

A one-day knowledge sharing and networking program will lay the foundation for an exciting future for the legal cannabis industry in New York.

With the passage of the MRTA and the reintroduction of the SAFE Banking Act in March and the publication of the draft Cannabis Administration and Opportunity Act (CAO) from Senate Majority Leader Chuck Schumer, there is a momentum towards federal cannabis legalization in the United States States – with New York at the forefront of the movement.

For nearly a decade, the west coast states and Canada dominated the legal cannabis industry, while the east coast states watched, learned, and prepared. Now, with the emergence of a new global sector, New York seems poised to take its place as the new cannabis capital.

By convening Business of Cannabis: New York, those who have shaped – and shaped – the future of the sector will be able to network, learn, and build the sector together – personally and for the first time since legalization Cannabis in New York.

The all-day Business of Cannabis: New York Summit is presented in partnership with Business of Cannabis and Prohibition Partners.

Jay Rosenthal, President of the Business of Cannabis, said, “As a Bostonian, it pains me that New York leads the way in everything – be it baseball or cannabis – but the truth is, New York is on the way, the world leader of cannabis. Business of Cannabis: To be able to present New York is a privilege. “

Prohibition Partners is the premier source of independent data, analysis, and information for the cannabis industry. It provides advisory services and strategic solutions to an international client base consisting of investors, operators, blue chips, CPG brands and government organizations.

Business of Cannabis is one of the leading B2B media platforms for the North American cannabis industry.

For media inquiries, please contact Michael Hoban, Head of Marketing & Comms – michael@prohibitionpartners.com

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