With State Senate in Dem Hands, Cuomo Sees the Light on Legal Pot
*By Carlo Versano*
Sensing the shifting political winds, New York Gov. Andrew Cuomo is reportedly planning to introduce a "green new deal" that would legalize recreational pot as part of the inaugural speech he will [deliver](https://www.nydailynews.com/news/politics/ny-pol-cuomo-budget-state-of-state-addresses-20181209-story.html) from Ellis Island on New Year's Day.
Michael Gianaris, a New York state senator from Queens and member of the new Democratic majority in Albany, told Cheddar that "the time has come" for the Empire State to move forward on pot legalization.
"It's something that people are doing anyway," he said, arguing that the tax revenue generated from pot sales could help act as a form of "recompense" for minority communities adversely affected by decades of Draconian drug laws.
Will Bredderman of Crain's New York Business has been [covering](https://www.crainsnewyork.com/politics/cuomo-reveal-green-new-deal-marijuana-states-2019-agenda) Cuomo's changing attitudes on marijuana, which the governor called a "gateway drug" just last year.
Now, with the state senate in the hands of Democrats after being controlled by Republicans more or less uninterrupted since the 1970s, liberal groups see this as the moment to chalk up a "fairly easy win" on an issue held dear to many progressives, according to Bredderman.
If New York legalizes marijuana for recreational use, experts believe it could bring in somewhere between $200 million and $700 million a year. That sounds like a lot, but think of it like this: the plan to modernize New York City's failing subway system calls for $40 *billion* in funding.
"It's really not that much money," Bredderman said. The bigger gain would be in jobs created and income tax generated ー from growing facilities to retail dispensaries. "That has potential to be quite large."
There's also what Bredderman called the "spin-off effects" from taking pot off the black market and easing enforcement of low-level marijuana offenses, which some state DAs have already committed to doing.
For Cuomo, the real win would be in the realm of politics, especially after the primary, in which he easily dispatched challenger Cynthia Nixon but was pressured by her supporters to move leftward for his final term in office. Marijuana legalization in a state like New York is likely to have bipartisan support, Bredderman said, and is widely popular among New Yorkers across demographics.
"A lot of people smoke marijuana," he said.
For full interview [click here](https://cheddar.com/videos/will-new-york-be-next-to-legalize-recreational-marijuana).
Catching you up on what you need to know on April 13, 2022, with President Biden referring to the Russian invasion of Ukraine as a genocide, a suspect has been identified in the Brooklyn subway shooting that injured 23 people, New York’s lieutenant governor has resigned due to bribery allegations, and more.
A shooter opened fire inside a busy subway car in New York on Tuesday creating chaos. Cheddar News speaks with Ralph Cilento, Professor of Police Science at John Jay College of Criminal Justice who gives tips on how to proceed in active shooter situations.
David Katz, a former federal agent with the Department of Justice, and currently founder, CEO, and owner of Global Security Group, joined Cheddar News to talk about the Tuesday mass shooting on a subway train in Brooklyn, N.Y. even as local authorities have so far stated it was not being investigated as a potential terrorist attack. "At this point between the commissioner of the NYPD and the governor of New York, they're almost saying, 'well, it's an active shooter incident.' Okay, but active shooter incidents can also be motivated by terrorism, so until we know motive, we can't make that conclusion at all," Katz said.
Catching you up with what you need to know on Apr 12, 2022, with Russia concentrating forces in eastern Ukraine, rising inflation, severe weather from Minnesota to the Gulf Coast, Philadelphia brings back its indoor mask mandate, PG&E pays $55 million for wildfire settlement, and more
President Joe Biden is visiting corn-rich Iowa to announce he’ll suspend a federal rule preventing the sale of higher ethanol blend gasoline in the summer.
The March consumer price index showed a 1.2 percent month-over-month increase and 8.5 percent increase from a year ago, which was the highest reading since 1981.
U.S. stocks saw a jump in the final hour of Thursday's session, and ultimately closed slightly higher for the day. Tim Pagliara, Chief Investment Officer of CapWealth, joined Cheddar News' Closing Bell to discuss. "The markets have had to digest a lot of action from the federal reserve this quarter and it's affecting everything from mortgage rates to how they value stocks," he said.
Rukmani Bhatia, Senior Federal Affairs Manager at Giffords, joined Cheddar News' Closing Bell to discuss the importance of regulating ghost guns as a way to curb U.S. gun violence, which kills more than 40,000 Americans every year.
Gary Schlossberg, Global Strategist at Wells Fargo Investment Institute, joined Cheddar News' Closing Bell to discuss the dire situation caused by Russia's war on Ukraine, as the region is key for exporting grains and corn, and as the UN Food & Agriculture Organization says food prices rose to the highest levels ever in March.
