Forbes Article Rating

New York's Massive Cannabis Gray Market Could Cost The State $2.6 Billion In Lost Taxes By The End Of The Decade

Mar 14, 2023 View Original Article
  • Bias Rating

    52% Medium Conservative

  • Reliability

    90% ReliableExcellent

  • Policy Leaning

    52% Medium Conservative

  • Politician Portrayal

    N/A

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

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Bias Meter

Contributing sentiments towards policy:

56% : That translates to some $2.6 billion in tax revenue over the next seven years, according to a new report exclusively obtained by Forbes.
55% : Unlike many other states that have legalized recreational cannabis and left businesses to operate in a free market, New York is attempting something different.
45% : Mayor Adams is attempting to find a balance between enforcement and a newly legalized industry trying to find its footing.
41% : "If we take a look at what's really going on, it's about taxes and how the government is getting into the weed business.
38% : Thanks to overregulation and over-taxation, California's cannabis economy is rife with unlicensed and illicit businesses.
36% : Although Black and white citizens use marijuana at similar rates, Black people are nearly four times as likely to get arrested for cannabis crimes, according to research by the American Civil Liberties Union.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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