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takyon [soylentnews.org] writes:

New York lawmakers reach deal to legalize marijuana [thehill.com]

New York lawmakers have reportedly reached an agreement to legalize recreational marijuana in the state.

According to Bloomberg [bloomberg.com], the state is prepared to legalize recreational marijuana use for people aged 21 and older.

The deal would reportedly include a 13 percent tax on sales and would provide licenses to dispensaries.

Nine percent of the 13 percent pot tax would go to the state, Bloomberg notes, while the remaining 4 percent would go to local governments. The New York governor's office estimates that a legal cannabis program in the state could bring in around $350 million annually, it added.

Also at CBS [youtube.com] (2m37s video), and the New York Post [nypost.com].

See also: Legalizing Marijuana Is Cuomo's 2021 'Priority' For New York To Be 'Progressive Capital' Of U.S. [marijuanamoment.net]
Why New York Legalizing Recreational Cannabis Won't Kill The Illicit Market [archive.org]
The Data On Legalizing Weed [npr.org]

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