N.Y. pot legalization could create $3.5 billion impact and 60,000 jobs

Posted on AllSides March 31st, 2021
From The Left

New York Governor Andrew Cuomo signed a bill Wednesday legalizing adult recreational marijuana in the state, with the potential to generate $350 million a year in tax revenues and up to 60,000 new jobs, according to estimates by his office.

The legislation “embraces an industry that will grow the Empire State's economy, and prioritizes marginalized communities so those that have suffered the most will be the first to reap the benefits," Cuomo said in a statement.

Eventually the legal cannabis program could generate up to $3.5 billion a year in...

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https://www.nbcnews.com/business/business-news/n-y-pot-legalization-could-create-3-5-billion-impact-n1262679

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