New York Office of Cannabis Management
The Office of Cannabis Management is a proposed agency of the New York state government. It was announced by Governor Andrew Cuomo in the January 2019 State of the State address. The office would be charged with regulation and taxation of the cannabis industry in the State of New York, following enabling legislation widely expected to occur during the 2019 legislative session, as soon as the first 100 days of the 2019 legislative session. Tax revenue taken in by the agency was estimated by the Governor to start at $83 million in 2021 and rise to $300 million at full implementation in 2023.
