September 22, 2025

Marijuana sales fail to take off in New York City after legalisation

 Marijuana sales fail to take off in New York City after legalisation

Legal marijuana has failed to make a real impact on tax revenues for New Yorkers, a report claims. The state hopes to make over $1.2billion from the industry in the next five years

New York is on course to fall dramatically short of tax revenue targets from legal weed sales, a new study has suggested
Governor Kathy Hochul predicted that there would be $1.25billion in revenue f…