While our New York state legislature debates the notion of legalizing recreational marijuana, a new report suggests "how much money could come into the state if it happens."  This according to WGRZ news today.


The non-partisan Rockefeller Institute looked at the impact on the high and low end. They found on the low end, it would create a total economic output of $4.1 billion.

The report also concludes legalizing recreational marijuana could lead to almost 31, 000 new jobs.

The higher-end market estimate assumes marijuana would sell at a higher price and people would consume more of it. That analysis found New York could see 63,271 new jobs with a total economic impact of $8.4 billion.

One thing about the report is that it doesn't look "at the downside of legalization, and some of the costs that would be associated with recreational marijuana."


More From The New 96.1 WTSS