ALBANY, NY — New York’s Marijuana Regulation and Taxation Act (MRTA) has been re-introduced this legislative session. If passed, the bill, Assembly Bill 1617, would legalize the adult possession, use, and regulated sale of marijuana.
Over the past twenty years, many New Yorkers have been negatively affected by the harms of prohibition in New York. With people of color accounting for nearly 85% of those arrested annually, the MRTA directs the benefits of taxing and regulating marijuana to these communities. Because structural racism is ingrained in marijuana prohibition, it’s important that the MRTA both ends marijuana prohibition and promotes racial justice.
Significant steps are taken in the amended MRTA to ensure racial justice and a small business-friendly industry, including:
- Creating a micro-licensing structure, similar to New York’s rapidly growing craft wine and beer industry, which allows small-scale production and sale plus delivery to reduce barriers to entry for people with less access to capital and traditional avenues of financing.
- Establishing the Community Grants Reinvestment Fund, which will invest in communities that have been disproportionately impacted by the drug war through job training, economic empowerment, and youth development programming.
- Ensuring diversity in New York’s marijuana industry by removing barriers to access like capital requirements and building inclusivity by allowing licensing to people with prior drug convictions. Only people with business-related convictions (such as fraud or tax evasion) will be explicitly barred from receiving licenses.
Our communities can’t wait. The decades of marijuana prohibition had created a stain on the fabric of our society, and urgent action is needed to begin to right the wrongs of the War on Drugs. Adult-use cannabis legalization must be passed in the state budget, and support for the MRTA goes a long way towards making that a reality. Freedom simply cannot wait any longer.