New York Marijuana Regulatory Board Is Officially Completed With Governor’s Final Appointments

CANNANNEW REPORT

Marijuana Moment reports.. New York Gov. Kathy Hochul (D) on Wednesday announced her final two appointees to regulate the state’s adult-use marijuana market—a key step toward implementing the legalization law signed by her predecessor. Hochul named two additional Cannabis Control Board members weeks after the Senate confirmed previous appointees earlier this month. The newly named regulators—Reuben McDaniel III of the Dormitory Authority of the State of New York and Jessica García of the Retail, Wholesale and Department Store Union—do not require confirmation by lawmakers.   Here’s the official press release from the Governor’s office Reuben R. McDaniel, III and Jessica Garcia to Serve as Board Members Governor Kathy Hochul today announced that Reuben R. McDaniel, III and Jessica Garcia have been appointed to the board of Office of Cannabis Management. The Cannabis Control Board and Office of Cannabis Management will create and implement a comprehensive regulatory framework for New York’s cannabis industry, including the production, licensing, packaging, marketing and sale of cannabis products. “New York’s cannabis industry has stalled for far too long – I am making important appointments to set the Office of Cannabis Management up for success so they can hit the ground running,” Governor Hochul said. “I am confident Mr. McDaniel and Ms. Garcia will serve the board with professionalism and experience as we lead our state forward in this new industry.” Reuben R. McDaniel, III is the President and Chief Executive Officer of DASNY. Mr. McDaniel’s appointment was confirmed by the New York State Senate on June 10, 2020. Mr. McDaniel is responsible for the overall management of DASNY’s administration and operations. Mr. McDaniel joined DASNY in 2019 as an accomplished investment banker with more than 30 years of experience in financial services, including public finance, personal wealth management, corporate finance and private equity. During his career in public finance, he participated in more than $75 billion…

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Source : New York Marijuana Regulatory Board Is Officially Completed With Governor’s Final Appointments

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