Jay-Z Issues Statement Following Cannabis Legalization in New York
Written by Jay Holz on April 5, 2021
New York weed smokers, your wishes are finally coming true.
Last week, NY governor Andrew Cuomo signed a bill that will officially legalize recreational marijuana use in the state of New York. This is a significant move in the world of cannabis as several other states continue to pass legislation.
“The news of cannabis legalization in New York is incredibly exciting. It represents a long-overdue opportunity for New Yorkers, for the cannabis industry, and for social equity and social justice,” said Jay-Z, who serves as Chief Visionary Officer for The Parent Company and owns his own cannabis brand, Monogram. “I’ve seen first- hand the harm inflicted for generations against Black and minority communities by the war on drugs right here in New York. Today, I’m proud to see my home state join The Parent Company in paving the way for a thriving and equitable cannabis market.”
As far as “social equity” is concerned, The Grio also points out, “On the side of the New York legislature it means that 40% of the tax revenues from new drug sales will go to impoverished Black and Brown communities and previous marijuana convictions will be expunged.”
Check out the full article by The Grio.