Falcon Rappaport & Berkman
The cannabis control board is finally ready
January 07, 2022
Falcon Rappaport & Berkman
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On September 22nd, New York Governor Kathy Hochul announced her final two CCB appointments – Reuben McDaniel III and Jessica García. Within a month of taking office, Governor Hochul facilitated the completion of the Cannabis Control Board. This is a welcome surprise for those who have waited almost half a year for progress under the leadership of former Governor Andrew Cuomo. “New York’s cannabis industry has stalled for far too long – I make important appointments to prepare the Office of Cannabis Management for success so it can get started right away,” said Governor Hochul. “I am confident that Mr. McDaniel and Ms. Garcia will provide the board with professionalism and experience as we advance our state in this new industry.” Please see below for more information on these last two dates.
These appointments, as well as the previous four, will serve for a three-year term. The Cannabis Control Board will be responsible for a number of functions related to adult licensing in New York. The CCB will have the power to issue licenses (as well as registrations and approvals) provided by the MRTA, limit the number of licenses, revoke licenses, regulate the requirements of applicants and licensees, appoint employees of the Office of Cannabis Management, and much more more features related to establishing a legal New York adult cannabis market. For more information on the functions of the Cannabis Control Board, see Article 2 of Senate Law S854A.
Now is the time for the CCB to begin setting more detailed regulations for adult admission in New York. This is likely to be a lengthy process as it involves a significant number of factors. We have yet to see the extent of New York’s social and economic justice initiatives, most of which are driven by the CCB and the Office of Cannabis Management. The CCB should look carefully to other states in developing guidance, taking into account the many elements that set New York apart from any other state. NY is the largest cannabis consumer in the US just because of its illegal market. A careful balancing act of the numerous components in the potential adult market in New York will be required. The CCB now needs to speak for itself and create incredibly thoughtful licensing policies to ensure the success of the legal cannabis market in New York.
Reuben McDaniel III
Reuben McDaniel III is President and Chief Executive Officer of DASNY, New York State’s public finance and construction agency. McDaniel is responsible for the overall direction of the administration and operations of DASNY. This can be traced back to 30 years of experience in financial services including public finance, personal wealth management, corporate finance and private equity. Prior to investing in multi-billion dollar tax-exempt bonds and managing multi-million dollar investment portfolios, McDaniel served as chairman of the Atlanta Board of Education for Public Schools. McDaniel says he has established his reputation as a “relational, growth-minded, results-generating financial services company.” McDaniel continued, “I am passionate about education and have used my philanthropic efforts to improve educational alternatives for all children.” McDaniel also holds a BS in Economics and Mathematics from the University of North Carolina at Charlotte and a Masters in Business Administration from the University of Texas at Austin.
Jessica García is Assistant to the President of the Retail Wholesale Department Store Union (RWDSU), the United Food and Commercial Workers Union (UFCW), a national union that represents workers along the food supply chain, as well as workers in non-food retail and healthcare. Before García became Assistant to the President of RWDSU, García was Deputy Political Director of RWDSU, working to advance the union’s legislative and political agendas. Prior to joining RWDSU, García was director of programs and organization for New Immigrant Community Empowerment and spent much of her early career advocating equitable funding for New York City public schools. Currently, García is also chairman of the board of the New York Safety and Health Committee and the Advocacy Institute, vice president of the board of directors for the Department of Rural and Migrants, and a board member of the Costa Rica-based Vivir El Sueno organization. Originally from Honduras, García is a graduate of the Silberman School of Social Work at Hunter College and Harvard University.
Further information on the last four CCB dates can be found here.
Originally published September 24, 2021
The content of this article is intended to provide general guidance on the subject. Expert advice should be sought regarding your specific circumstances.
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