County starts to discuss how to handle new marijuana laws before end-of-year deadline

first_img Matt Butler is the Education & Public Health Reporter at the Ithaca Voice. He can be reached by email at [email protected] More by Matt Butler center_img Matt Butler TOMPKINS COUNTY, N.Y.—Officials from municipalities throughout Tompkins County expressed optimism that their local governments would elect to participate in New York State’s coming cannabis sales programs, initiated earlier this year by the New York legislature and Gov. Andrew Cuomo. No actual votes were cast at the meeting between the Tompkins County Council of Governments, but it’s clear more information has become available through the state regarding how the money will be broken down in municipalities that participate in the program. Municipalities have no influence over whether or not marijuana is legal, but they can opt out of allowing vendors to establish cannabis storefronts and sell within their geographic boundaries. You can watch the full discussion starting here in the meeting.At least according to those in attendance at the meeting, the deadline for officially opting out of the cannabis sales program is Dec. 24, 2021, meaning a municipality must decide before then if they want to pull out. If no action is taken, a municipality automatically opts in. Rod Howe, of the Town of Ithaca, said he would be “shocked” if the Town of Ithaca opted out, though they have not yet discussed it. Your Economy & Development news is made possible with support from: “I’m pretty sure Cayuga Heights will opt in,” added Linda Woodard, mentioning that Village of Cayuga Heights officials had begun discussing the process at a recent board meeting. “I think most municipalities will unless there’s very strong opposition, just because of the financial aspects.”It appears that if a municipality opts out, they lost out on any direct money from the sale of cannabis. Lansing’s Joe Wetmore wondered aloud if money made throughout the county via a tax on cannabis sales would be pooled and redistributed, but it appears that is not the case. Zoning will likely determine where the stores are allowed to open, and there will be places that allow in-store consumption of marijuana. They will be regulated, according to those at the meeting, similarly to bars that serve alcohol. There were certainly unanswered questions, like Wetmore’s query about how tax revenue would be split among villages and towns, since often villages are wholly surrounded by towns. Regardless, while the discussion was obviously still in its early stages, the financial projections are appealing to local officials (more details on the tax structure available here).“The projection is $350 million a year from the sales tax,” mentioned Dan Lamb of Dryden, referring to the potential revenue number statewide. “I haven’t broken that down to what it is per municipality, but that’s a lot of money. It could add up for us.” Tagged: governor andrew cuomo, marijuana, new york state, sales, tompkins county council of governments, weed last_img read more

USA: HII Takes Over Stoller, Eyes Further Market Growth

first_img View post tag: HII View post tag: Navy View post tag: usa View post tag: market View post tag: growth USA: HII Takes Over Stoller, Eyes Further Market Growth View post tag: over View post tag: Naval View post tag: eyes View post tag: further View post tag: News by topiccenter_img Share this article View post tag: Defense View post tag: Defence Back to overview,Home naval-today USA: HII Takes Over Stoller, Eyes Further Market Growth View post tag: takes NEWPORT NEWS SHIPBUILDINGAmerican shipbuilder Huntington Ingalls Industries (HII) has taken over the S.M. Stoller Corporation (Stoller), a privately-held firm based in Colorado, as a strategic step toward further growth in nuclear services market. Stoller is a provider of environmental, nuclear, and technical consulting and engineering services to the U.S. Department of Energy, Department of Defense and the private sector.“With this strategic acquisition, Newport News Shipbuilding (NNS) is positioned for expanded growth within the DOE, environmental management and commercial nuclear services markets,” said HII Corporate Vice President and NNS President Matt Mulherin. “Stoller’s exceptional commitment to performance and safety are well recognized by the environmental management and remediation industry and are attributes that directly support our plan for continued growth within these markets. “Under the deal, of an undisclosed value, Stoller will become a wholly-owned subsidiary of HII. It will operate under its NNS division, which is the country’s sole designer, builder and refueler of nuclear-powered aircraft carriers and one of only two shipyards capable of designing and building nuclear‐powered submarines.[mappress]Naval Today Staff, January 3, 2014; Image: HII January 3, 2014 Industry news View post tag: Stollerlast_img read more