The Street: New York Inches Closer to Legalizing Recreational Cannabis
media mentionLast November, voters in New Jersey and Arizona voted to legalize marijuana. And in December, New Jersey placed a social equity excise tax on cannabis sales in order to address the disparate effect of anti-marijuana laws on communities of color.
About one in three Americans live in a state with legal sales of recreational cannabis, according to the Institute on Taxation and Economic Policy.