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New York Lawmaker Files Cannabis Community Reinvestment Act, Requiring Marijuana Businesses to Invest in Communities Impacted by Prohibition

Summary by The Marijuana Herald
The Marijuana Herald - Marijuana news and information New York State Assemblymember Stefani Zinerman (D) introduced Assembly Bill 5647 today, known as the Cannabis Community Reinvestment Act. The bill would require marijuana businesses in the state to allocate a portion of their revenue to support communities disproportionately impacted by past prohibition policies. Under the proposed legislation, licensed cannabis operators would be required to…
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New York Lawmaker Files Cannabis Community Reinvestment Act, Requiring Marijuana Businesses to Invest in Communities Impacted by Prohibition

The Marijuana Herald - Marijuana news and information New York State Assemblymember Stefani Zinerman (D) introduced Assembly Bill 5647 today, known as the Cannabis Community Reinvestment Act. The bill would require marijuana businesses in the state to allocate a portion of their revenue to support communities disproportionately impacted by past prohibition policies. Under the proposed legislation, licensed cannabis operators would be required to…

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The Marijuana Herald broke the news in on Thursday, February 20, 2025.
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