The state of New York has found a practical way to fund the much-needed subway renovations.
The New York Times reports that some state and city leaders are considering making recreational marijuana legal and using the revenue to improve the Subway.
Moreover, a state panel in charge of brainstorming ways to upgrade the subway says legalization is on their list.
Subway officials say they require $40 billion to upgrade the system, but they can’t generate all that money on their own.
Governor Andrew Cuomo hasn’t given his opinion on the subject yet, but he is in favor of legalizing recreational marijuana. A few months ago, he announced that he has set up a working group to write legislation to legalize and regulate cannabis in the state.
The group will draft legislation keeping in mind the recommendations from the state’s Department of Health. They say it is likely to be introduced during the next legislative session, which starts in January.
Medical marijuana is already legal in New York. If the bill is passed, New York will become the eleventh state to legalize recreational marijuana.
“As we work to implement the report’s recommendations through legislation, we must thoroughly consider all aspects of a regulated marijuana program, including its impact on public health, criminal justice and State revenue, and mitigate any potential risks associated with it,” said Mr. Cuomo in a statement.