Councilmembers Daneek Miller (D-St. Albans) and Darma Diaz (D-Brooklyn) introduced legislation last week that would create an Office of Cannabis Business Services to ensure compliance with state regulations and monitor the social equity provisions of the Marijuana Regulation and Taxation Act citywide.
If implemented, Intro. 2421 would allow for the monitoring of regulations in accordance with the state’s cannabis laws, establish equity goals within the five boroughs, assist social and economic equity applications for business licenses and develop a framework for incentives for social and economic equity applicants, according to Miller’s office.
In addition, the office would also submit biannual reports on the status of commercial cannabis activity.
“We have an obligation to ensure that the communities most impacted by the criminalization of marijuana have an attainable, realistic path to benefit from its commercialization,” Miller, co-chairman of the Council’s Black, Latino, and Asian Caucus said in a statement. “This legislation would create an office that would not only monitor the industry and equity standards within the five boroughs, but also provide biannual reports on the status of the industry in accordance with the original intent of the Marijuana Regulation and Taxation Act, which explicitly seeks to address the consequences of criminalization and provide a pathway to revenue building for communities ravaged by the war on drugs and stop-and-frisk-era policies.” […]