Buffalo Mayor Byron Brown joined the congregation’s majority leader, Crystal Peoples-Stokes, to discuss how Buffalo’s residents can get into the cannabis industry.
BUFFALO, NY – A virtual community forum was held on Friday to discuss how Buffalo residents can capitalize on opportunities in the state’s burgeoning cannabis industry.
Buffalo Mayor Byron Brown and New York State Assembly Majority Leader Crystal Peoples-Stokes held the forum.
“The City of Buffalo will work with all members of our community to ensure that the funding and opportunities arising from cannabis legalization reach our most vulnerable people and provide the support needed to help the people to assist in realizing the benefits of key legislation, ”said Mayor Brown.
New York State has yet to set up a cannabis management agency to regulate who can grow, process, distribute, and sell cannabis.
Because of this, Peoples-Stokes said that licenses will not be made available to anyone for at least a year. However, she said those who want to get into the $ 4 billion cannabis business should get ready.
“Find out how you can turn what you like into the cannabis business, which is perfectly feasible,” she said.
She recommends looking for courses or expertise that you can.
“Don’t expect anyone to do anything for you in the business. You do what you have to do to get yourself ready, and if you are missing two little pieces or three little pieces or five pieces then ask for help, ” She said. “There are people who are ready to help, companies, business associations.”
Cannabis would be taxed at a rate of 13 percent, and some of the money raised through taxes would be reinvested in the community.
Local governments can refuse to allow retail locations and home growing. You have until December 31st to do so.
“For anyone who see or hear this, my recommendation is not to opt out, so I want to be very clear,” said Mayor Brown.
With more than 200 attendees in the virtual forum, Mayor Brown said there will be more discussions on the matter.
If you missed the forum, you can check it out on Mayor Brown’s Facebook page.