PODCAST: Legalized, Taxed Marijuana Would Generate .1% of RI Budget
GoLocalProv News Team
PODCAST: Legalized, Taxed Marijuana Would Generate .1% of RI Budget
Based on the recent revenue reports from Colorado that showed them taking $2 million in taxes from the legalized sale of marijuana in January, if Rhode Island were to legalize and tax marijuana in a similar manner, the state could generate nearly $5 million annually -- which is less than .1% of Rhode Island's FY14 $8.3 billion budget. Ron and GoLocalProv's Kate Nagle discuss.
The Highest Marijuana Prices in New England by State
#6 Rhode Island
Med: $254.87/oz (n=332)
High: $334.55/oz (n=490)
Low: $204.34/oz (n=31)
#5 Maine
Med: $260.92/oz (n=395)
High: $322.94/oz (n=423)
Low: $227.68/oz (n=49)
#4 Connecticut
Med: $275.19/oz (n=1204)
High: $353.65/oz (n=1210)
Low: $261.74/oz (n=88)
#3 Massachusetts
Med: $297.83/oz (n=2305)
High: $359.88/oz (n=2705)
Low: $215.93/oz (n=208)
#2 New Hampshire
Med: $313.01/oz (n=410)
High: $377.02/oz (n=399)
Low: $608.01/oz (n=34)
#1 Vermont
Med: $325.34/oz (n=209)
High: $380.48/oz (n=262)
Low: $187.06/oz (n=24)
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