New York has officially joined the growing list of states that have legalized the recreational adult use of marijuana. While parts of the Marijuana Regulation & Taxation Act don’t take effect until 2022, others became effective immediately after Gov. Andrew Cuomo signed the legislation.
From a credit union standpoint, there are a multitude of issues to consider, even for credit unions that have no desire to get involved with cannabis banking. For credit unions that are interested in serving the marijuana sector, there are even more considerations and nuances to study.
Join the New York Credit Union Association for this complimentary webinar as we explore the new state-level law and what it means for credit unions.
Henry Meier, SVP, General Counsel, New York Credit Union Association
Sarah Hodgens, Director of Compliance, New York Credit Union Association
Educational Investment: Benefit of Membership