Washington Expects Pot Sales Tax Revenue Surge to $1 Billion
Kate Smith ~ Bloomberg ~
Washington State expects marijuana sales taxes to bring in more than $1 billion over the next four years, according to a budget forecast published by the Office of Financial Management.
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In the first year since legalizing both medical and recreational cannabis, Washington collected $67.5 million in marijuana-related taxes, directed toward its general fund and health-related services.
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