New York State would gain $435.7M annually in tax revenue for legalized weed, while New York City would get about $336M, according to NYC Comptroller Scott Stringer.
"This is a new revenue stream... This is going to impact the kinds of resources we'll have to invest in education, to invest in healthcare."
Currently, legislation to legalize marijuana use throughout New York is pending in Albany.
Colorado Senator Cory Gardner says the president will back congressional efforts to protect states which have legalized grass
The Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) is up 3%, albeit on turnover of only 47K shares, on the heels of the Aurora Cannabis' announced takeover of MedReleaf
Model for other U.S. districts? San Francisco will expunge and dismiss thousands of misdemeanor and felony marijuana convictions for those sentenced prior to the legalization of marijuana in California
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