New York Gov. Andrew Cuomo has announced intention to enact cannabis legalization in the near future.
“I believe we will, but we didn't get it done this last session because it's a complicated issue and it has to be done in a comprehensive way, ” Cuomo said during a Friday press conference.
Cuomo also said it was the federal government's obligation to financially aid the city at this time. Just as the airline and hotel industries are getting assistance, so should the city's health care workers, he said.
Cuomo added that he was in favor of marijuana legalization and affirmed that he had worked arduously to pass that into law for years, but ultimately without success.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Cannabis is evolving – don’t get left behind!
Curious about what’s next for the industry and how to leverage California’s unique market?
Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!
Get your tickets now to secure your spot and avoid last-minute price hikes.