Mayor Eric Adams is conducting a job search for a first-ever “Cannabis NYC Founding Director” to represent the city’s marijuana interests once the state officially gets legal sales underway.
Job Requirements? Senior level professional with experience working either with government, regulatory entities or the cannabis industry.
Adams said his new cannabis czar can be either a lawyer, an architect, an engineer or an accountant, according to the job listing posted last week by the Department of Small Business Services.
City Hall told The NY Post they’re already interviewing candidates for the position.
The Big Apple’s weed leader will be a liaison between City Hall and the state Office of Cannabis Management (OCM), according to the job description although the city will officially be answering to the state, which has been charged with regulating the industry according to the Marijuana Regulation & Taxation Act which was signed into law in March 2021.
Social Equity Cannabis Industry Experience
One source close to Adams, reported the Post, said the mayor is looking for someone to fill the role who has had “lived experiences, understands the industry and has been unfairly targeted in the past by law enforcement to give them an opportunity to be part of the growing cannabis economy.”
No salary is mentioned in the job posting, though a tag beside the post reads “salary to commensurate with experience.”
Drug War Victims Prioritized
Adams has said in the past that he backs state policy that prioritizes the issuance of licenses to those who have suffered as a result of the war on drugs. In January, Governor Kathy Hochul pledged $200 million to ensure social equity is part of the state’s legalization program.
The OCM estimates cannabis sales will be up and running by the end of 2022 with retail licenses scheduled to be released this coming fall.
Sweet Smells Of New York City: Weed And Money
Mayor Adams told reporters on Friday the thing he smells most when walking through the city is cannabis, wafting through the air.
“The No. 1 thing I smell right now is pot. It’s like everybody’s smoking a joint now,” Adams said. “You know, everybody has a joint.”
New York projects the cannabis industry will bring in $1.25 billion in revenue over the course of six years.
Photo courtesy of Wiki Commons
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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