New York To Legalize Recreational Marijuana
New York is set to become the next state to legalize recreational marijuana.
Gov. Andrew Cuomo says he’ll sign a bill that passed the state legislature late Tuesday night.
The bill will make cannabis legal and generate revenue with a 13% sales tax. It’s expected to bring in more than $350 million a year for the state and create up to 60,000 new jobs.
Additionally, all marijuana convictions for possession of what will now be the legal limit will be expunged.
New York will become the 15th U.S. state to legalize recreational marijuana.