Sign up for a daily newsletter defining what matters in business and markets

Stories

New York decriminalizes marijuana use

Andrew Cuomo speaks at an event
Andrew Cuomo delivers a speech earlier this month. Photo: Scott Heins/Getty Images

New York Governor Andrew Cuomo signed a bill Monday to decriminalize marijuana use in the state. Under the law, use could still result in a fine, but will not be considered a criminal offense that could result in prison time.

The big picture: New York joins 15 other states that have decriminalized. 11 states plus Washington D.C. have legalized marijuana.

Go Deeper: Deep Dive: The burgeoning marijuana industry