New York State Legalizes Recreatonal Pot Late Saturday Hmm, this should generate some interest in the pot sector from investors tomorrow:
Associated Press
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Lawmakers reached an agreement late Saturday to legalize recreational marijuana sales in New York.
At least 14 other states already allow residents to buy marijuana for recreational and not just medical use, and New York’s past efforts to pass marijuana have failed in recent years. Democrats who now wield a veto-proof majority in the state Legislature have made passing it a priority this year, and Democratic Gov. Andrew Cuomo’s administration has estimated legalization could eventually bring the state about $350 million annually.