Legalization status update: New Jersey and New York

In November, New Jersey voters made the Garden State the most populous northeast market to legalize REC. Many observers believe the move will set off a domino effect of legalization along the Acela corridor between Boston And Washington D.C. Fear of missing out on tax revenue is a powerful motivating force in the region, said Steve Schain, an attorney with Hoban Law, citing a similar dynamic with gambling. 

However, much has to happen before REC is available even in New Jersey. Since the election day vote, legislators put together a . . .