(East Farmingdale, NY)- New York Governor Andrew Cuomo’s office on Tuesday announced changes to the governors proposal for marijuana legalization. The governor is now calling for the allocation of a $100 Million Cannabis Social Equity Fund, which would be funded by grants and work to revive communities hardest hit by the war on drugs. The new plan, if approved would also allow for a marijuana delivery system to be set up and reduce penalties for certain criminal sales of marijuana. If approved the legalization of marijuana is expected to create over 60,000 jobs for the state, create over $350 million in tax revenue and $3.5 billion of economic activity. Read the governors full announcement, here.
Photo: This Aug. 22, 2019 photo shows medical marijuana plants being grown before flowering during a media tour of the Curaleaf medical cannabis cultivation and processing facility in Ravena, N.Y. (AP Photo/Hans Pennink)