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New York's Legalization of Cannabis
New York is reserving licenses to open retail dispensaries for people who've been convicted of cannabis related offenses or have been impacted by aggressive cannabis related policies like stop and frisk over the earth. The existence of the gray market in weed, all those sellers in Washington Square Park, is a pretty big roadblock to creating a thriving legal industry that would fulfill social equity goals. I'm not sure we're going to see a whole lot of action there, but I think once the state realizes that they are enabling their largest competitors, it may end. It's a little bit different than the alcohol industry in the 30s. We didn't have this restorative justice layer to an industry that was being