New York's recreational marijuana deal includes licenses for 'club-like' consumption sites
New York state legislators have reached a deal to legalize recreational marijuana, and it goes beyond what other states allow.
The New York Times reports the deal involves "club-like lounges or 'consumption sites' where marijuana, but not alcohol, could be consumed."
Officials haven't given many details on the consumption sites, but the news drew immediate comparisons to "Amsterdam-style coffee shops." (This may be good timing, considering the Times also reports Amsterdam is moving to slow down its marijuana sales to foreign customers.)
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The deal in New York would provide different licenses for cannabis farmers, distributors, product makers, dispensaries, and retail consumption sites, reports the Democrat & Chronicle.
One of the biggest sticking points in reaching a recreational marijuana deal has been how the revenue would be split up. New York's cannabis market is estimated to be around $4.6 billion and is expected to grow to $5.8 billion by 2027, reports the Times. Under the new agreement, lawmakers have agreed to divvy up tax revenue (coming from a 9 percent state and 4 percent local tax) between public education, communities affected by the war on drugs, and drug treatment, prevention, and education programs. Gov. Andrew Cuomo's (D) office has estimated recreational marijuana could generate about $350 million in yearly tax revenue.
Read more about the deal at The New York Times.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Summer Meza has worked at The Week since 2018, serving as a staff writer, a news writer and currently the deputy editor. As a proud news generalist, she edits everything from political punditry and science news to personal finance advice and film reviews. Summer has previously written for Newsweek and the Seattle Post-Intelligencer, covering national politics, transportation and the cannabis industry.
-
Today's political cartoons - November 2, 2024
Cartoons Saturday's cartoons - anti-fascism, early voter turnout, and more
By The Week US Published
-
Geoff Capes obituary: shot-putter who became the World’s Strongest Man
In the Spotlight The 'mighty figure' was a two-time Commonwealth Champion and world-record holder
By The Week UK Published
-
Israel attacks Iran: a 'limited' retaliation
Talking Point Iran's humiliated leaders must decide how to respond to Netanyahu's measured strike
By The Week UK Published
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstances
Speed Read
By Peter Weber Published
-
Western mountain climbers allegedly left Pakistani porter to die on K2
Speed Read
By Justin Klawans Published
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governor
Speed Read
By Peter Weber Published
-
Los Angeles city workers stage 1-day walkout over labor conditions
Speed Read
By Justin Klawans Published
-
Mega Millions jackpot climbs to an estimated $1.55 billion
Speed Read
By Catherine Garcia Published
-
Bangladesh dealing with worst dengue fever outbreak on record
Speed Read
By Catherine Garcia Published
-
Glacial outburst flooding in Juneau destroys homes
Speed Read
By Catherine Garcia Published
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creature
Speed Read
By Justin Klawans Published