New York lawmakers will hold a fact-finding hearing next month to address the state’s beleaguered and severely delayed rollout of its legal cannabis industry, state Sen. Jeremy Cooney (D-Rochester) announced Thursday.

“It is no secret that the state’s path to adult-use cannabis has been met with a number of challenges, most notably multiple lawsuits that call into question the program’s design to meet social equity goals – programs and goals that were incredibly important to the legislature when passing the MRTA two years ago,” Cooney said.

Huge Setbacks

Cooney’s announcement comes amid a court injunction, which is preventing the Office of Cannabis Managemen (OCM) from issuing new retail licenses or allowing most of the more than 400 licensees to open their shops.

Cooney’s Thursday announcement is one …

Full story available on Benzinga.com

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