Harris Beach Cannabis Industry Team members Meaghan Feenan and William Wolfe recently contributed an article to Law360 on the risks and benefits of New York’s proposed Cannabis Crop Rescue Act.

Meaghan and William say that while direct adult-use cannabis sales from farmers to consumers may benefit the farmers by providing increased profits and closer customer relationships, the act poses challenges for cannabis retailers that play a critical role in providing product variety, quality assurance and customer education. Ultimately, the New York Cannabis Crop Rescue Act exemplifies the ongoing debate and highlights the need for thoughtful consideration of the implications of such policy changes. Striking a balance between supporting farmers and maintaining a robust retail market will be crucial in shaping a sustainable and equitable cannabis industry.

Read the full article on the potential risks and benefits of the New York Cannabis Crop Rescue Act.