Castellana will become CEO of the new credit union that will be created after the merger with CAP COM. That will result in a rare breed of credit union that will have the size to compete with the largest banks in the Capital Region. “This is likely about opening up new markets and gaining efficiencies […]
For those who produce or sell marijuana for medicinal or recreational use, it’s a surreal undertaking. The new state budget included a change in state tax law to allow cannabis entrepreneurs to deduct business expenses from their revenue. With the state now in the early development of a recreational marijuana growing, processing, distribution and sales […]
Regulatory delays mean that individuals who wish to grow their own pot outdoors in New York, including those who use it for authorized medicinal purposes, could be jeopardized for a second growing season. Regulators granted 52 initial cultivation licenses at a Cannabis Control Board meeting on Thursday, allowing recipients — all hemp farmers — to […]
The legislators estimate it will save businesses in the emerging cannabis market over $25 million annually by 2024. Her previous coverage spanned New York, but she also reported from Colombia, Mexico and Canada for outlets including Reuters, France 24 and the OCCRP. She joined the Times Union in 2021 as an investigative reporter and is the […]
“It seemed too good to be true,” said Charles Canham, an emeritus forest ecologist with the Cary Institute of Ecosystem Studies in Millbrook, Dutchess County. Based on that, the forest owner would simply clear-cut the entire 6,400 acres and put the money in the stock market or some other financial vehicle. That is unlikely to change, […]
The Town of Wawarsing Planning Board gave the green light for the nearly $9 million project at its March 15th meeting. The planning approval process “went quicker than most projects,” said Ulster County Director of Economic Development Tim Weidemann. Cresco Labs in August proposed taking over the former Schrade Knife and Avnet Channel Master facilities in […]
State Senators Tim Kennedy and James Sanders Jr., and Assembly Member Jon Rivera are sponsoring legislation that would do just that. That’s why it’s critical to include the credit and exemption in this year’s budget and stimulate thousands of home-grown, clean energy jobs in the process. Added benefits include reducing the electricity needed on the […]
“The expansion of the regulated cannabis industry in New York is moving very fast,” said Jeffrey Garcia, the association’s president. Kathy Hochul last week kicked off a parallel process in which current hemp farmers will be able to apply for conditional licenses to grow marijuana in the meantime. Her previous coverage spanned New York, but […]
ALBANY – Chris Alexander, who was nominated by Gov. He then worked as counsel for multiple Senate committees, and worked on government relations for multi-state cannabis business Vill, LLC before being tapped to lead New York’s OCM. For many years, we were one of those places that experienced the top counts for summonses for unlawful […]
State laws legalizing cannabis earlier in the year provided an opt-out clause, allowing localities to prohibit dispensaries and consumption in their communities, even before the state developed and implemented regulations for the sale and distribution of cannabis. Seven years earlier, I worked with dozens of other California cannabis activists to write an initiative that would […]
State laws legalizing cannabis earlier in the year provided an opt-out clause, allowing localities to prohibit dispensaries and consumption in their communities, even before the state developed and implemented regulations for the sale and distribution of cannabis. Seven years earlier, I worked with dozens of other California cannabis activists to write an initiative that would […]
Kim Napoli, who is in her third term on the cannabis advisory board in neighboring Massachusetts as an expert in minority business development, has been watching New York’s program develop. Napoli added that less-resourced equity applicants’ access to funds is especially crucial since cannabis is still federally illegal. Her previous coverage spanned New York, but […]
Nick Gordon is the owner and curator of Ellenville’s Love, Velma, an underground jazz club where cannabis is part of the entertainment. But combining “free” pot with a fee of some kind speaks to the “gift” economy for cannabis that has popped up in some corners of New York. In Gordon’s case, he’s not gifting […]
Clinton Market is a planned $1.6 million project in Albany, funded by the state, National Grid and Capitalize Albany Corporation. The project concept was developed by hundreds of stakeholders who participated in the Downtown Revitalization Initiative planning process and was designed by Schenectady-based landscape architecture firm PLACEAlliance. The $1.6 million design and construction is being […]
You can trace the thread from their handcrafted labors of love—from gourmet nuts and fudge to ceramics and fiber arts—back to the baskets, boxes, pickles and pie made by the Shakers who once lived here. That means you’ll find goat’s milk soap and lotion from Stephanie Greek’s Shady Acre Homestead in Petersburg and pine needle […]
LAKE GEORGE — The Lake George village board voted unanimously on Monday to pass legislation that will prohibit cannabis retailers from setting up shop within its municipal boundaries. Each municipality in the state has until then to ban dispensaries and other retail outlets, though local officials cannot restrict the right of residents or visitors to […]
In Cold Spring, it appears voters have decided to allow cannabis dispensaries, but not places for on-site consumption like lounges. ALBANY — In an effort to gather crucial local data necessary to plan the state’s licensing of adult-use cannabis businesses, New York’s Office of Cannabis Management is compelling municipalities to submit their decisions to opt […]
I didn’t think I would see the day,” said Ryan, a 20-year-old patient from Albany who was one of the first local buyers of whole flower at the capital’s Verilife dispensary. State Sen. “We have been working on this for over four years. His medical cannabis company became the first in New York to sell […]
