New York poised to legalize marijuana as lawmakers agree on terms: reports

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NEW YORK — Democrats, who control the New York legislature, have come to terms on a measure to legalize marijuana, which would make the state the 15th in the country to allow recreational use of the drug, according to two reports on Thursday.

The proposed bill, which had eluded lawmakers’ attempted agreements for years, would establish a regulatory structure for controlling marijuana sales, according to CNN, which cited a legislative source familiar with negotiations and an internal legislative memo that it obtained.

The proposed bill, would apply a 13% excise tax to retail marijuana sales and would eventually allow New Yorkers who are at least 21 years old to grow plants at …

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