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New York Governor Signs Bill Expanding Marijuana Microbusiness Role in Showcase Events
['Anthony Martinelli']
The Marijuana Herald
New York Governor Kathy Hochul signed legislation Thursday allowing licensed marijuana microbusinesses to take on a larger role in cannabis showcase events.
Hochul said the change will place small marijuana businesses on a more level playing field, expand access to regulated products and strengthen the state’s legal industry.
Under the new law, a microbusiness authorized to conduct retail sales, cultivation and processing may serve as all three of the licensed businesses required to obtain a cannabis showcase event permit.
Cannabis showcase events allow licensed businesses to temporarily sell marijuana products directly to consumers at locations approved by the state Office of Cannabis Management, including pop-ups, farmers’ markets and public market events.
According to the bill’s sponsor memo, the law is intended to resolve ambiguities surrounding microbusiness participation in showcase events.