Evening Edition: Cities Are Losing Out On Millions In Legal Weed Taxes
b"For the past decade, legalizing marijuana has been a massive topic of debate, with lobbyists and advocates drilling down on the idea that state economies were actually missing out on massive tax revenue. In New York, a state that legalized cannabis just two years ago, that theory does not seem to be holding up. Recent reports show New York won't come close to the hundreds of millions in tax revenue that other states generated in their first years following legalization. Fox Business Correspondent Madison Alworth joins the Rundown to explain what is causing New York's first years of its legal weed industry to fail, how illegal marijuana vendors are still thriving post-legalization, and how bureaucratic red tape is giving the illicit markets an upper hand.\\n\\nClick Here To Follow 'The FOX News Rundown: Evening Edition'\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"