- July 7, 2021
- Posted by: Stratford Team
- Category: Business
Unless you’ve been living under a rock, you’ve probably heard that a little over two months ago, New York State Governor Andrew M. Cuomo signed legislation reform advocates and stoners alike have dreamt of for decades, finally legalizing the recreational possession and use of marijuana in New York. Though recreational sale of marijuana will not be legal until at least 2022, the legislation’s passage sets the stage for rapid development of a brand new, multi-billion-dollar, legal cannabis industry in the state.
With big business comes big business divorce. Even before Governor Cuomo signed the new law, legal disputes among marijuana industry entrepreneurs were percolating through the lower courts of the New York State Unified Court System. In this week’s New York Business Divorce, we’re excited to write about what seems to be the very first New York appellate court decision in a marijuana industry business divorce dispute.
The new decision,…