New York Pot Companies Get New Tax Break From State Budget

New York’s marijuana producers and distributors are poised to get a tax break in the state budget that could give them an edge over pot companies in the rest of the U.S.

The language was included in one of 10 bills unveiled Thursday as New York Governor Kathy Hochul tries to forge a budget deal with Democratic legislative leaders. The fiscal 2023 budget is now seven days past its April 1 due date.