NY Medical Cannabis Industry Association Welcomes New Coalition Members
Green Thumb Industries (GTI), Curaleaf, and Cresco have joined the New York Medical Cannabis Industry Association (NYMCIA) coalition.
The association, which is now under new leadership, was created in 2016 to advocate for the interests of medical cannabis patients and, amid the debate over regulated adult-use, ensure the medical program continues to serve those patients.
NYMCIA’s growth demonstrates an increasing recognition that the medical cannabis industry is stronger when it stands together, and also better able to advocate for a comprehensive legalization bill that addresses key social equity, economic, and fairness issues while also strengthening the state’s burgeoning medical cannabis program.
“The coalition is optimistic about the state expanding medical cannabis and legalizing adult use in the current legislative session, and will do so in a way that makes New York a model for how to do this right,” said Katie Neer, chair of NYMCIA and director of government affairs for Acreage Holdings.
“Understanding that social equity will, and should, be at the forefront of this discussion, we’re prepared to be an advocate and source of investment for the communities that have been most adversely impacted by the war on drugs,” said Ngiste Abebe, president of the NYMCIA and director of public policy for Columbia Care. “We will also continue to protect – and if possible, expand – access to medical cannabis for New Yorkers who need it, regardless of their income level or where they live in the state. ”
There are 40 medical cannabis dispensaries operating in New York. They serve approximately 500,000 residents within a 1,400-square-mile radius per location. Thousands of New Yorkers are underserved under the current law, and, in some cases, they are forced to travel as long as three hours to obtain much-needed medication.
New York’s dispensary-to-patient ratio – one to every half-million people – is more than twice as high as that of Illinois, three times as high as that of Michigan, and more than seven times as high as Florida’s ratio. Increasing access to medical cannabis requires increasing the number of dispensaries permitted to operate in the state.
Governor Andrew Cuomo has repeatedly indicated that the legalization of adult-use cannabis will be among his top priorities this year. His executive budget proposal demonstrates that he is indeed committed to accomplishing this goal while safeguarding the health and safety of New Yorkers. The governor has called for funding cannabis and hemp research as well as a statewide cannabis education campaign – both concepts that NYMCIA supports.
The state estimates a fully implemented adult-use cannabis program would create thousands of jobs, generate billions of dollars of economic activity, and result in $300 million in tax revenue over five years.
While the governor has proposed a strong framework for how legalization might work, many details remain unclear – including the question of co-location of medical and adult-use dispensaries. The NYMCIA believes co-location is the safest and most effective way to fully implement a robust and successful adult-use program while protecting affordable access to medical cannabis patients. Indeed, every other state that has implemented an adult-use program with an existing medical cannabis program has co-located products at dispensaries.
Fully integrating medical and adult-use dispensaries also provides a significant timely revenue that could better and more fully fund social equity programs while making sure that New York has the safest, strongest, and most comprehensive cannabis program in the nation.
To learn more, visit www.protectnymedmar.com.