PODCAST: Legalized, Taxed Marijuana Would Generate .1% of RI Budget
Friday, March 14, 2014
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.
Related Slideshow: The Highest Marijuana Prices in New England by State
The "crowdsourced" website, The Price of Weed, uses consumer input to show how much an ounce of marijuana costs -- by location.
Below are the rankings of New England states, from lowest price reported for "medium grade" marijuana, to highest, along with the number ("n") submitting data.
Related Articles
- Guest MINDSETTERS™: A Sensible Marijuana Policy for Rhode Island
- NEW: RI to Introduce Marijuana Regulation + Taxation Bill
- The Impact of Marijuana Legalization on RI’s College Campuses
- In Case You Missed It: Highest Marijuana Prices in New England
- New England States With The Highest Marijuana Arrest Rates
- The Scoop - Whitehouse Talks State and Federal Marijuana Laws
- Jared Moffat: Now is the Right Time for RI to Regulate Marijuana
- New Gallup Poll Shows 38% of Americans Have Tried Marijuana
- Will Rhode Island Be The Next State To Legalize Marijuana?
- Legalized, Taxed Marijuana Would Generate .1% of RI Budget
- PODCAST: Are Medical Marijuana Users in RI Risking Their Jobs?
- Marijuana Use in the New England States
- PODCAST: The Highest Marijuana Prices in New England by State
- Are Medical Marijuana Users in Rhode Island Risking Their Jobs?
- NEW: New England NAACP Calls for Marijuana Legalization in RI
- PODCAST: Will RI Be The Next State To Legalize Marijuana?
- Breaking and Entering Doc Holding Marijuana Suspended by RI HEALTH
- NEW: Patrick Kennedy in the Middle of Super Bowl Marijuana Fight
- State Report: Marijuana Legalization Bill + Tax Hike Proposal
- Do You Favor Legalized Marijuana and Taxation in Rhode Island?
- NEW: RI Legalization Bill Would Tax Marijuana Like Alcohol
- The Highest Marijuana Prices in New England by State
