DeLeonardis told the council that multiple state agencies are being established to administer programs, issue licenses, and investigate and enforce infractions related to cannabis.
Besides the newly legislated use and possession of cannabis in New York, the law allows for retail dispensaries and on-site consumption establishments, but those are not expected to take place until at least late 2022.
Revenue-wise, there will be a 4% tax imposed upon the cannabis, with 3% of that 4% coming to the city.