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POT LEGALIZATION

MAY PASS IN ALBANY

AS SOON AS TUESDAY

Bill Includes 'Opt-Out' Option

ALBANY – Legalization of marijuana in New York State may be voted on in the state Senate and Assembly as soon as tomorrow, after Governor Cuomo and leaders of both houses announced an agreement Saturday.

The legislation (S.854-A/A.1248-A) would establish the Office of Cannabis Management; expand New York's existing Medical Marijuana Program; establish a licensing system; and create a Social & Economic Equity Program favoring minority community and women for licenses, according to a statement from the governor's office.

It also includes a opt-out provisions for communities that don't wish to host pot stores or manufacturing plants.

The governor's statement projected a $350 million industry would result, creating 30,000-60,000 Jobs

Here's the statement from the Governor's Office:

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