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Gov. Cuomo 'will push to legalize marijuana in New York to generate $300million in tax revenue' - as NYC Mayor Bill de Blasio calls for the state to expunge records once law is passed

 New York Governor Andrew Cuomo announced a proposal on Wednesday that would legalize recreational marijuana to help his state bounce back from pandemic as New York City Mayor Bill de Blasio called for marijuana-related convictions to be expunged once it's passed into law. 

According to Cuomo's proposal, New York may be following New Jersey with the legalization of recreational marijuana, which is expected to eventually generate more than $300million in tax revenue for the Empire State.

The plan would see the creation of a 'comprehensive system to oversee and regulate cannabis in New York as part of the 2021 State of the State'. 

'Under the Governor's proposal, a new Office of Cannabis Management would be created to oversee the new adult-use program, as well as the State's existing medical and cannabinoid hemp programs,' the announcement reads. 

New York Governor Andrew Cuomo announced a proposal on Wednesday that would legalize recreational marijuana to help his state regain its financial footing amid the ongoing pandemic

New York Governor Andrew Cuomo announced a proposal on Wednesday that would legalize recreational marijuana to help his state regain its financial footing amid the ongoing pandemic 

According to Cuomo's proposal, New York may be following New Jersey with the legalization of recreational marijuana, which is expected to eventually generate more than $300million in tax revenue for the Empire State. People gather at a marijuana rally in 2019 in Manhattan

According to Cuomo's proposal, New York may be following New Jersey with the legalization of recreational marijuana, which is expected to eventually generate more than $300million in tax revenue for the Empire State. People gather at a marijuana rally in 2019 in Manhattan 

'Despite the many challenges New York has faced amidst the COVID-19 pandemic, it has also created a number of opportunities to correct longstanding wrongs and build New York back better than ever before,' Cuomo said

'Despite the many challenges New York has faced amidst the COVID-19 pandemic, it has also created a number of opportunities to correct longstanding wrongs and build New York back better than ever before,' Cuomo said

Gov. Cuomo announced proposal to legalize marijuana in New York
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According to the proposal, 'an equitable structure for the adult-use market will be created by offering licensing opportunities and assistance to entrepreneurs in communities of color who have been disproportionately impacted by the war on drugs'.

'Despite the many challenges New York has faced amidst the COVID-19 pandemic, it has also created a number of opportunities to correct longstanding wrongs and build New York back better than ever before,' Cuomo said. 

'Not only will legalizing and regulating the adult-use cannabis market provide the opportunity to generate much-needed revenue, but it also allows us to directly support the individuals and communities that have been most harmed by decades of cannabis prohibition.'

Cuomo's team wrote in the proposal: 'Decades of cannabis prohibition have failed to achieve public health and safety goals and have led to unjust arrests and convictions particularly in communities of color.'


In 2019, Cuomo signed legislation to decriminalize unlawful possession of marijuana. Voters in New Jersey in November legalized marijuana for recreational use.

Meanwhile, Mayor de Blasio during a press conference on Wednesday agreed with Cuomo and said the state must legalize marijuana 'the right way'.

'As a matter of fairness, not only should you legalize marijuana, but expunge the records of anyone who suffered because of inappropriate, overzealous laws of the past,' de Blasio said. 

'It's important that the legalization be done in a way that supports small business opportunity, not mega corporations taking over this industry. I do not want to see a repeat of the tobacco industry,' the mayor added.

Meanwhile, Mayor de Blasio (pictured) during a press conference agreed with Cuomo and said: 'As a matter of fairness, not only should you legalize marijuana, but expunge the records of anyone who suffered because of inappropriate, overzealous laws of the past'

Meanwhile, Mayor de Blasio (pictured) during a press conference agreed with Cuomo and said: 'As a matter of fairness, not only should you legalize marijuana, but expunge the records of anyone who suffered because of inappropriate, overzealous laws of the past'

Currently, there are 15 states and Washington, DC, that have fully legalized marijuana. Many states have decriminalized the substance while others have passed its usage for medicinal purposes. In six states, marijuana is fully illegal

Currently, there are 15 states and Washington, DC, that have fully legalized marijuana. Many states have decriminalized the substance while others have passed its usage for medicinal purposes. In six states, marijuana is fully illegal

'I do not want to see the excesses that we saw with the tobacco industry, trying to push people to use a product, whether it was right or wrong for them or safe or unsafe for them. 

'Also, I want to see an industry that is decentralized, localized and where we incentivize the industry to grow in communities of color. So, the ownership, the profits, the capital is going overwhelmingly to folks who suffered from those bad laws of the past,' de Blasio continued. 

Gov Cuomo also announced on Wednesday that he will push for the legalization of online sports betting in his State of the State address next week after years of resisting it. 

'New York has the potential to be the largest sports wagering market in the United States and by legalizing online sports betting we aim to keep millions of dollars of tax revenue here at home, which will only strengthen our ability to rebuild from the COVID-19 crisis,' Cuomo said in a statement.

Currently, 15 states and Washington, DC, have fully legalized marijuana. Many states have decriminalized the substance while others have passed its usage for medicinal purposes. In six states, marijuana is fully illegal. 

Under his proposal, the New York State Gaming Commission would select a sports operator or platform that has partnered with an existing licensed casino. 

However, unlike some other states' online betting schemes, New York's would be administered so that a greater portion of the revenue goes into state coffers rather than to the casino, Cuomo said.

'We want to do so the way we do the lottery, where the state gets the revenues,' Cuomo told a press conference.

Online sports betting in New York was estimated to bring the state as much as $500million a year, Cuomo's administration said.

The likelihood that online sports betting may help New York close its multibillion-dollar budget gap is highlighted by the success across the Hudson River, with New Jersey's sports betting handle, or total amount wagered, in November amounting to $931.6million. 

At the same time, New Jersey's sports books recorded $50.6million in revenue and $6.2million in taxes.

An estimated 20 per cent of New Jersey's sports betting revenue comes from New Yorkers who cross bridges and tunnels to bet. 

1 comment:

  1. Maybe he will become the 1st pimp governor to legalize prostitution?

    ReplyDelete