Deal reached to legalize marijuana in NYS for recreational use (merged threads)

[Saltwater60]

Deal reached to legalize marijuana in NYS for recreational use (merged threads)

NYS will fuck this up just like they did with OTB.Only NY can fuck up gambling profits.

nygunforum.com

They can be combined but these are different topics. One reported a deal reached that has been there 4-5 times this is a signed passed law now. It’s an actual go now not just planned.

 

[Edwardteach72]

They can be combined but these are different topics. One reported a deal reached that has been there 4-5 times this is a signed passed law now. It’s an actual go now not just planned.

How is it a signed law when they aren't planned to vote on it until later this week???

 

[Edwardteach72]

I'm guessing you didn't actually ready anything on that article, just saw the headline and made an assumption and then made this post

 

[BuffNiag]

I'm guessing you didn't actually ready anything on that article, just saw the headline and made an assumption and then made this post

Making five threads about the same topic is SOP on NYGF. Bonus points for a vague title.

 

[HANK the CRANK]

Dope legalizes pot

 

[Varmint]

This is not going to end well...

 

[TEOTWAWKI inc.]

This is not going to end well...

This isn't even going to start well.

 

[Saltwater60]

I'm guessing you didn't actually ready anything on that article, just saw the headline and made an assumption and then made this post

That’s accurate except it said they reached the agreement late Saturday night so I thought it was signed and done.

Oh well. I certainly don’t read everything I post and I’ll fully admit that.

 

[Edwardteach72]

That’s accurate except it said they reached the agreement late Saturday night so I thought it was signed and done.

Oh well. I certainly don’t read everything I post and I’ll fully admit that.

I was busting your balls fyi

 

[S&W Fan]

 

[Acer-m14]

Only in NY do we need to create an “office of” as part of making some legal that never should have been illegal in the first place. This should’ve been as simple as striking out the law that made weed illegal.

Lawmakers announce deal on bill to legalize, regulate recreational marijuana in New York State

The legislation would legalize recreational marijuana sales to adults over the age of 21 and would expunge criminal records for anyone with a previous marijuana conviction.

abc7ny.com

" It would also allow users to grow their own plants at home and allow people to possess up to three ounces of cannabis and 24 ounces of cannabis concentrate. "

Hashishooo .. bless you .. no Hashish .. LOL .. WTF is abc7 reporting ..

right from the govt ..

Governor Cuomo and Legislative Leaders Announce Agreement to Legalize Adult-Use Cannabis

Governor Cuomo, Senate Majority Leader Stewart-Cousins and Assembly Speaker Heastie announced an agreement on legislation (S.854-A/A.1248-A) to legalize adult-use cannabis.

www.governor.ny.gov

wanna see some concentrate ..

 

[spat]

Take into account the costs associated with locking people up for a plant. I have no doubt that changes the equation significantly.

They will keep locking people up.

There is far too much money tied up in that racket for it ever to do anything but increase.

What you need to be afraid of is *who* they will look at to replace those dollars....

 

[spat]

I would love to see these junkies OD. But the issue is...

Society interferes all of the time. We save these people from their choices. We spend billions and billions of dollars each and every year to save them. When all of the saving ends, then I will support full legalization of this garbage!

Even with all the BS "safety nets" it costs us a lot more to have them illegal.

The cost of the gangs and organized crime alone eclipse everything we spend rehabbing junkies.

 

[timboy]

And the ghettos rejoiced!!!!

 

[MothMan]

My son was telling me that the NY LEO tactic of “ I smell marijuana, please step out of the car “ was removed with this legalization legislation.

Tell me it’s so!!

 

[GOPerfect]

My son was telling me that the NY LEO tactic of “ I smell marijuana, please step out of the car “ was removed with this legalization legislation.

Tell me it’s so!!

Removed a while back.

 

[fresch]

Will they introduce microstamping for it or do people need to keep a receipt like with minnows?

 

[Saltwater60]

I was busting your balls fyi

No worries. Senate approval today.

 

[Edwardteach72]

No worries. Senate approval today.

Was it? I thought it was Thursday

 

[Saltwater60]

Was it? I thought it was Thursday

Sounds like it passed both chambers and is now legal.
I’ve got to shower so i didn’t read this.

Gov. Andrew Cuomo signs bill to legalize recreational marijuana in New York

Gov. Andrew Cuomo on Wednesday signed a bill legalizing recreational marijuana in the state of New York.

www.cnbc.com

 

[livingston]

Without reading anything about the plan I can safely guarantee the state will screw it up and perpetuate the black market in marijuana. The actual revenue received will fall short of any forecast.

That has been proven in other states
Last week, the California Department of Tax and Fee Administration (“CDTFA”) reported that between January and March the state earned $60.9 million in tax revenue from the legal adult-use and medical cannabis industry. The $60.9 million figure does not include local tax revenue collected by cities or counties. The breakdown of revenue was as follows:
Excise Tax: $32 million
Cultivation Tax: $1.6 million
Sales Tax: $27.3 million

While $60.9 in new tax revenue may seem like a lot, the figure falls well short of the pace predicted by Gov. Jerry Brown in his 2018 budget proposal. He forecast up to $175 million in tax revenue between January and June of 2018


Why Did California Cannabis Taxes Fall Short? We Have Some Answers
Three Reasons Cannabis Tax Revenue Fell Short of Expectations
Delays in Licensing Preventing Business Operation
High Cannabis Tax Rates Credited for Boom in Black Market
California Municipalities Slow to Accept Cannabis Industry

elloinsights.com

This domain may be for sale!

www.elloinsights.com

 

[Edwardteach72]

Sounds like it passed both chambers and is now legal.
I’ve got to shower so i didn’t read this.

Gov. Andrew Cuomo signs bill to legalize recreational marijuana in New York

Gov. Andrew Cuomo on Wednesday signed a bill legalizing recreational marijuana in the state of New York.

www.cnbc.com

Well will be if/ when Cuomo signs the bill.

Then I think the deal was not until December 2022

 

[MilesTeg]

Time to put a new raised bed in the garden and start cash cropping it!

 

[Jsmegs77]

Time to put a new raised bed in the garden and start cash cropping it!

Careful, you’ll draw out the revenuers. If this stuff is taxed anywhere near tobacco, private growers are going to be getting a lot of attention both from users and the tax man alike.

 

[MilesTeg]

Careful, you’ll draw out the revenuers. If this stuff is taxed anywhere near tobacco, private growers are going to be getting a lot of attention both from users and the tax man alike.

I know in the proposed bill 3 plant per adult in the house. I don't plan on really growing any, but found that interesting.

 

[Jmac00]

Only NY could complicate a Product tax to the point that NO ONE would understand it. As far as I can tell, Pot would be taxed at 18.5% ( I think)

but it depends on how you consume THC and at what amount? this is beyond stupid

New York Governor Proposes THC-based Tax on Recreational Marijuana

 

[Toecutter]

I know in the proposed bill 3 plant per adult in the house. I don't plan on really growing any, but found that interesting.

I read parts of the bill, its 100 pages so yeah. It 3 mature plants 3 immature plants per and 5 lbs in your house , 3 oz on your person. If you sell it you need a permission slip so they can tax the everloving shit out of you.

 

[MilesTeg]

I read parts of the bill, its 100 pages so yeah. It 3 mature plants 3 immature plants per and 5 lbs in your house , 3 oz on your person. If you sell it you need a permission slip so they can tax the everloving shit out of you.

If you get caught

 

[jimc]

'The legislation also creates equity programs to provide loans and grants to people including small farmers who have been disproportionately affected by the war on drugs.'

How have small farmers been affected by the war on drugs? Are they talking about loans and grants for small farmers who have been illegally growing pot? What's next? Legalizing sex crimes, then grants for convicted rapists to buy rope and duct tape?

I'm not against legalizing pot. I have no plans to use it. If made legal, I think it should be treated like every other legal product in NY. I also think it should be taxed at the same sales tax rate as any other product, unlike alcohol and cigarettes are treated now.

 

[Deplorable Me]

So NY thinks they're going to control and tax it?

I predict a big upswing sale in grow lights and hydroponics. Now it will be a tax evasion issue at best. Being illegal on the federal level but legal on the state level how will legal operations pay federal income tax?