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The cannabis industry is built on state-level licensing regimes that favor – to varying degrees – in-state residents over out of state competitors.

The newly created Cannabis Control Board will be the epicenter of adult-use regulatory authority in New York.

They finally did it! Senate Democrats – specifically, Majority Leader Schumer and Senators Corey Booker and Ron Wyden – finally released the much-anticipated cannabis reform bill previously known only as the "Schumer Bill".

Adult-use cannabis regimes throughout the country vary in the amount of local control they confer. In New York, power will largely reside in Albany.

Have you ever walked into your local bodega and wondered how they could sell stuff that looks and smells just like cannabis?

To quote Benjamin Franklin, "nothing is certain except death and taxes".

Governor Kathy Hochul's ascension to the Executive Mansion in Albany marks a major milestone for the Empire State and (perhaps) a turning point for its adult-use cannabis program.