06:11:59 EDT Fri 19 Apr 2024
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Aurora Cannabis Inc
Symbol ACB
Shares Issued 1,014,099,913
Close 2019-07-29 C$ 8.20
Market Cap C$ 8,315,619,287
Recent Sedar Documents

NP/wire say Hexo, rivals see New York ease pot rules

2019-07-30 09:36 ET - In the News

See In the News (C-HEXO) Hexo Corp

The National Post reports in its Tuesday, July 30, edition that New York state on Monday decriminalized recreational marijuana use, meaning possession of small amounts of the drug will be punished with fines rather than jail time, a step short of Governor Andrew Cuomo's goal of legalizing pot. A Reuters dispatch to the Post reports that Mr. Cuomo said the measure would also allow a mechanism for clearing the records of people who had been criminally convicted of possessing small amounts of marijuana. Eleven U.S. states plus the District of Columbia have fully legalized recreational marijuana use since Colorado first did so in 2014, according to the Marijuana Policy Project lobbying group. Another 15 states including New York have decriminalized it. "By providing individuals who have suffered the consequences of an unfair marijuana conviction with a path to have their records expunged and by reducing draconian penalties, we are taking a critical step forward in addressing a broken and discriminatory criminal justice process," said Mr. Cuomo. Over 360,000 people were arrested for possession of marijuana in the state of New York from 2008 to 2017.

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