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.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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 stay ahead in today’s competitive market?
Join top executives, investors, and industry leaders at the Benzinga Cannabis Capital Conference in Chicago on June 9-10. Dive deep into market-shaping strategies, investment trends, and brand-building insights that will define the future of cannabis.
Secure your spot now before prices go up—this is where the biggest deals and connections happen!