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.