New York State Senator Diane Savino joins us to discuss legislative procedures in New York and how, unfortunately, New York was recently unable to pass adult use. Savino notes that, when drafting a bill, it is important that you don’t allow the perfect to be the enemy of the good: “You compromise and you start with what you got. And then you spend time working to improve it, because that’s why laws are amendable.” In this business, it is important that a bill has more than just a slim majority, as that is an indication to the courts that the support isn’t truly there. Savino hopes that, over the next couple of years, New York can begin to stabilize, grow, and expand its medical program.
Seth Adler: New York state Senator Diane Savino returns. Welcome to Cannabis Economy. I'm your host Seth Adler. Download episodes on canneconomy.com, that's two N's in the word economy or wherever you currently get your podcasts. This interview is also a video on canneconomy.Com, along with a ton of other direct insight from leaders in policy science and business one-on-ones on cannabinoids and 2018 Research Supplements to the National Academies of Sciences, Engineering and Medicine Report from 2017. First word for MedMen and then Diane Savino.
Seth Adler: MedMen is the most recognizable cannabis retailer in the U.S. with operations across the country and flagship stores in Los Angeles, Las Vegas and New York. Recently, MedMen entered Florida for the first time, the third largest medical cannabis market where the company is licensed for 35 total stores. It's all part of MedMen's impressive footprint, which currently spans 86 licenses, including pending acquisitions. Learn more about how MedMen is creating a safer, happier, and healthier world at medmen.com.
Seth Adler: Okay. We've got New York state Senator Diane Savino. Senator Savino, thank you so much for doing this.
Diane Savino: You are welcome, Seth. Good to see you again.
Seth Adler: If I'm talking to you, we're talking about New York and specifically we're only going to keep it to cannabis this time. Sometimes we like to go out on the edges, but as far as New York cannabis, we have you to thank, at least in part, but a nice big part of why we've got medical cannabis in New York. It's a nice big open question. Give us the background on how we got to passing medical cannabis way back when.
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