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REC LEGALIZATION STALLS IN NORTHEAST

By Alex Halperin
05/20/2019 03:23 AM GMT-0700
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Despite hopes from N.Y. Gov. Andrew Cuomo (D) and New Jersey Gov. Phil Murphy, REC legalization looks unlikely in either state this year, the N.Y. Times reports.

  • NYT: “New Jersey’s failure had a coattail effect in New York: It emboldened opponents and eased pressure on some of legalization’s most important allies, including Cuomo.”
  • Even so, there’s a new REC bill in New York.
    Forbes–Sara Brittany Somerset
  • New Jersey could vote on REC legalization on Election Day 2020.
    Asbury Park Press
  • Connecticut legislators could vote to legalize REC within three weeks.
    Hartford Courant
  • REC is already legal in Vermont, but a bill to create a regulated industry in the state looks dead for the year, a blow to the state’s struggling MED dispensaries.
    Seven Days
  • A New Hampshire Senate committee voted to postpone a REC bill until 2020.
    Concord Monitor
  • In terms of REC legalization, Politico says 2019 hasn’t lived up the to industry’s hopes.

Quick Hits

  1. Colorado dispensaries racked up record monthly sales of $114.3M in March.
    KDVR (Fox)
  2. Illinois’ proposed REC law could ban growing at home.
    Chicago Tribune
  3. Cresco Labs CEO Charlie Bachtell said Illinois businesses aren’t concerned about the impact of home growing.
    Cannabis Wire

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