Lightening laws: up to 56 grams without charge or discrimination
The governor of New York State yesterday signed the new law to decriminalize cannabis users. The new law makes things even simpler compared to the previous law that was approved in 1977. New York guess the 16th US state to do it. The measure also requires that criminal records for low-intensity cases be deleted, an apparent reflection of the fact that, in the past, communities of color were unduly affected by a different application of the law.
Governor Andrew Cuomo attempted to completely legalize but had to make some objections. However, the decriminalization of small amounts of cannabis is a significant advance for social justice initiatives: in 1977, it was a fine of 100 $ for holding a small amount of cannabis in a private area. Henceforth, the new law provides for a fine of 50 dollars for the possession of 28 grams to the maximum, even in public places, and a fine up to 200 dollars for the possession of 56 grams to the maximum.
The new law will also retroactively remove criminal records from the past for those who are caught in possession of cannabis for self-consumption.
"The laws governing marijuana have for too long disproportionately affected communities of color and today we end this injustice once and for all," Cuomo said in a statement. communicated.
In many ways, the decision made by politicians in the capital, Albany, is at the root of the trend in many parts of the country. New York has become the 16eme to decriminalize use and 11 states as well as the districts of Columbia, known as Washington DC, have legalized personal use.
Those advocating greater liberalization welcomed the initiative but urged lawmakers to go further. Some said there were still many negative consequences of illegal consumption.
Dr. Stuart Titus, Director of Medical Marijuana Inc. (OTC: MJNA), said"New York has always been at the forefront of many legislative policies in the United States and we hope this new decriminalization measure in New York will serve as an example for other states and the federal government to follow. "
The illegal nature of cannabis has not scared investors. Evan Eneman, CEO. of MGO | ELLO Alliance, a specialist finance and banking company, said: "The cannabis industry is not waiting for regulators to catch up, as evidenced by the record pace of venture capital investment detailed in the MGO | ELLO Cannabis Private Investment Review. The report indicates that investments already exceeded 1,3 billion in the first half of this year, against 1 billion in 2018. Investors have a strong appetite for cannabis and do not let roadblocks such as legalization get in the way. "