State-licensed marijuana market expected to bring in about $636 million in taxes
Associated Press (US)
Friday, September 19, 2014
Friday, September 19, 2014
The Washington state’s legal recreational marijuana market is expected to bring in about $636 million in taxes to state coffers through the middle of 2019, according to an economic forecast. The forecast by the Economic and Revenue Forecast Council showed that just over $25 million from a variety of marijuana-related taxes — including excise, sales, and business taxes — is expected to be collected through the middle of next year.
