New York Lawmakers Reportedly Reach Deal To Legalize Recreational Weed

Cannabis marijuana sativa heads background.

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Legalized marijuana is reportedly one step closer to becoming a reality in New York.

According to Bloomberg, New York lawmakers have reached an agreement to legalize the sale of recreational marijuana and to decriminalize marijuana possession for adults ages 21 and older.

The law could take effect in 2022 with lawmakers expected to vote next week.

“We’ve been trying to legalize cannabis for three years. I’ve failed about every year. We’re close, but we’ve been close three times before,” Governor Andrew Cuomo told reporters.

“We have passed the point of legalized cannabis. It’s in New Jersey. It’s in Massachusetts. To say we’re going to stop it is not an option; it’s already here. … I believe New York is the progressive capital of the nation—not just because we say it is but because we perform that way. And legalizing cannabis is this year’s priority to be the progressive capital of the nation. We won’t be the first, but our program will be the best.”

The agreement would include a 13 percent sales tax on marijuana products with nine percent going to the state and the rest going to local governments.

An estimated $350 million a year in revenue could be generated by the legalization of cannabis.

If the legislation is approved, New York would become the 15th state in the United States to legalize recreational marijuana.

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