Practices & Industries
New York State Marihuana Regulation and Taxation Act: What You Need to Know
2021
New York is the 16th state to legalize adult-use recreational cannabis and is expected to become one of the largest markets for legal cannabis in the country. New York's legislation, titled the New York State Marihuana Regulation and Taxation Act, will create a new industry in New York that is estimated to bring in over $350 million a year in tax revenue and provide 30,000 to 60,000 new jobs across the state.
Main Topics:
- General application/licensing issues;
- Concerns for employers;
- The tax rules applicable to this new business;
- Regulatory compliance overview.
Speakers:
Melissa Subjeck
Christopher Doyle
Patrick Hines
Kinsey O'Brien
Who Should Attend:
Any clients who intend to work in the cannabis industry, or anyone wishing to be informed on the new legislation. This webinar is designed for all levels of experience; no advance prerequisite or preparation is required.
Learning Objectives:
Understand the New York State Marihuana Regulation and Taxation Act.
NY CLE credit requested.
1.5 hours NY CPE credit in Tax / Business Law available. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. For information regarding program cancellation policy or other concerns, please contact us at HRSocial@hodgsonruss.com.