The Democratic governors of New York, New Jersey, Connecticut and Pennsylvania met to coordinate REC legalization. Together they represent a market of roughly 30M adults.
- “It is complicated, it is controversial, and it is consequential,” New York Gov. Andrew Cuomo, who hosted the event said. “If you don’t do it right you can do harm, and the whole purpose here is to do good.”
- In a statement Cuomo said the states agreed to a series of principles for tax structure, safety and contamination and advertising restrictions.
- Banking was also on the agenda.
Years into the legalization experiment, Politico says the conflicts between state and federal laws aren’t getting any more manageable.