New York governor Kathy Hochul (D) signed a bill that would give provisional cannabis growing and processing licenses to hemp businesses that are currently engaged in promoting equity in the industry, reported Marijuana Moment.
The news comes about a week after the Senate approved the bill in a 50-13 vote to speed up the process of New York’s adult-use market and support equity goals in cannabis business participation. The bill was sponsored by Assembly Majority Leader Crystal Peoples-Stokes and Sen. Michelle Hinchey (D).
