High time or no time: Marijuana legalization faces make-or-break moment in New York

2018-10-18T000000Z_1187191485_RC1C0A4A3990_RTRMADP_3_CANADA-MARIJUANA-1024×673-1

It’s now or never for legalizing recreational marijuana use in New York state, according to Governor Andrew Cuomo.

With New York staring at a massive budget hole blown open by the COVID-19 pandemic, legalizing marijuana could light up economic activity the Empire State to the tune of $3.5 billion, with 60,000 new jobs created and a new annual tax revenue stream of $350 million once fully implemented, according to the Governor’s office.