NYC Mayor Adams proposes $4.8M to promote growth of cannabis industry

The funding will be used to fund a multiagency community outreach effort, focusing on the communities most impacted by the “war on drugs.” Further, it will be allocated to provide technical assistance for businesses navigating the licensing process.

The adult-use cannabis industry in the state is expected to generate nearly $1.3 billion in sales in its first year and support between 19,000 and 24,000 jobs within three years.

These agencies will work to identify stakeholders in impacted communities, launch a public education tour to educate people about the new process, promote an educational media campaign, and assess the needs of interested parties.

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