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In April 2022, The Wagoner Firm’s Mark J. Wagner, Jr. was chosen by the New York Cannabis Growers and Processors Association to serve as Chair of its Capital Region Committee. Mark was selected from a competitive group of applicants based on his background and experience with medical marijuana licensing and applications, the Marihuana Regulation & …
New York’s 2022-2023 budget (the “Budget”) was signed into law by Governor Hochul on April 9th, and it contains a big win for the cannabis industry. The Budget included an amendment that decoupled New York’s tax code from Internal Revenue Code (“IRC”) § 280E, a federal tax law that prevents cannabis businesses from deducting business …
On April 1, 2022, the House of Representatives voted 220-204 in favor of a bill that would decriminalize marijuana federally. The Marijuana Opportunity Reinvestment and Expungement Act (the “MORE Act”), sponsored by New York’s Representative Jerry Nadler, received bipartisan support in the House of Representatives. Federal Legislators from both sides of the aisle voted to …
On April 14, Governor Hochul announced the Cannabis Control Board’s approval of 52 Adult-use Cannabis Conditional Cultivator Licenses, the first such licenses granted in New York State. Congratulations to all of those who received licenses, including our very own Capital Region-based farmers: Phil Spinelli Farrier Service LLC, Aeterna Cannabis LLC, Claverack Farm LLC, Fat Nell …
On Wednesday, February 16, 2022, the New York State Assembly and Senate passed a bill that provides temporary and conditional marijuana cultivator and processor licenses to existing businesses. The licenses will allow for a timely establishment of New York’s adult-use cannabis market by ensuring dispensaries have a product to sell. Hemp growers who are in …
As COVID-19 hits its third wave of the pandemic due to the Omicron variant, it is critical for employers to remain compliant with their obligations under the New York COVID-19 Sick Leave Law (the “Law”). The Law is designed to protect employees who are subject to a mandatory or precautionary order of quarantine issued by …
The Firm’s Mark J. Wagner, Jr., was among a select group of experts chosen from New York State to participate in a Rensselaer County Regional Chamber of Commerce event, Cannabis: An Economic Buzz. The event took place remotely on Thursday, January 13, 2022, and received a tremendous response from local business owners and entrepreneurs. …
The Wagoner Firm successfully defended another Client against claims for breach of contract that sought a preliminary injunction arising out of a cancelled a contract for the purchase of an investment property. The Firm represented the seller of the property. The apartment building was occupied by tenants, and the contract allowed either party to terminate …
During the 2022 New York State of State, Governor Kathy Hochul announced the creation of a $200 million public-private fund earmarked to support social equity applicants seeking to enter New York State’s cannabis industry. The creation of the fund, through private investment, licensing fees, and tax revenue, is to further the state’s initiative to create …
Mark J. Wagner, Jr., will be among several experts participating in Cannabis: An Economic Buzz, a webinar presented by The Rensselaer County Regional Chamber of Commerce on Thursday, January 13, 2022, from 9:00 am to 10:30 am. Additional panel experts include Damian Fagon of the New York Cannabis Growers & Processors Association, Tyler Culberson of NAI …
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