New York Legalization June 2025. According to grand view research, new york’s cannabis market is expected to be worth more than $7bn by 2025. New york on wednesday legalized marijuana, with the legislature passing a bill and gov.

Governor hochul announces hundreds of licenses for cannabis growers, processors, distributors, and sellers, and increased fines and penalties for illegal operators. They think that having a prominent state such as new york enact legalization could ultimately influence cannabis’ future trajectory nationally and potentially help it shed its federally.