New York Cannabis Revenue Won’t Arrive Instantly: Prof.
New York cannabis advocates and lawmakers are touting REC legalization as a way to shore up a state economy pummeled by the COVID-19 pandemic. But one of the state’s leading plant scientists warns that additional revenue may take longer than anticipated to materialize.
Dr. Carlyn Buckler, who has a PhD in biology and teaches plant science courses at Cornell University, suggested it may take several years after legalization for cannabis revenues to help make up deficits in a state budget that is currently $14.5B in the red . . .
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