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HEMP BAN: Federal intoxicating-hemp ban takes effect Dec 11, 2026 — consumer migration to licensed markets expectedFEDERAL: Schedule III rescheduling in progress — 280E relief expected late 2026FEDERAL RISK INDEX: 37/100 (LOW) — rescheduling momentum growingVA: Adult-use retail launches Jul 1, 2027 — license applications open Feb 1, 2027IL: SB 3222 omnibus signed — possession limits doubled, intoxicating hemp moves to dispensaries Nov 12MI: 24% wholesale tax challenged in court — repeal bill SB 810 pending in committeeCA: Cannabis excise tax locked at 15% through July 2028 per AB 564NJ: Cannabis consumption lounges now open in Atlantic City, Newark, MerchantvilleMN: Omnibus Cannabis Act signed — hemp-to-cannabis license bridge ahead of federal banOK: Governor pushes to eliminate medical program — bipartisan opposition buildingHEMP BAN: Federal intoxicating-hemp ban takes effect Dec 11, 2026 — consumer migration to licensed markets expectedFEDERAL: Schedule III rescheduling in progress — 280E relief expected late 2026FEDERAL RISK INDEX: 37/100 (LOW) — rescheduling momentum growingVA: Adult-use retail launches Jul 1, 2027 — license applications open Feb 1, 2027IL: SB 3222 omnibus signed — possession limits doubled, intoxicating hemp moves to dispensaries Nov 12MI: 24% wholesale tax challenged in court — repeal bill SB 810 pending in committeeCA: Cannabis excise tax locked at 15% through July 2028 per AB 564NJ: Cannabis consumption lounges now open in Atlantic City, Newark, MerchantvilleMN: Omnibus Cannabis Act signed — hemp-to-cannabis license bridge ahead of federal banOK: Governor pushes to eliminate medical program — bipartisan opposition building
NY A04770Introducedas of 2025-02-06

Implements licensure and eligibility limitations for the cannabis control board's social and economic equity plan regarding persons convicted of certain felonies.

Plain-English summary

What happened: A New York bill would implement licensure and eligibility limitations within the cannabis control board's social and economic equity plan for individuals convicted of certain felonies, and has been referred to the codes committee.

Why it matters: Eligibility restrictions tied to felony convictions could affect the pool of applicants qualifying for equity licenses, shaping the competitive landscape for new cannabis retail and cultivation entrants.

Affects: retailers and cultivators

LATEST ACTION: referred to codes
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Legislative data via LegiScan, licensed under CC BY 4.0. Summaries and categorization by CannaSignal. Regulatory information, not legal advice.