Welcome! Login | Register
 

NEW: Raimondo Submits FY18 Budget, Banks on Collecting $30 Million from Internet Sales Tax—NEW: Raimondo Submits FY18 Budget, Banks on Collecting…

The Rise and Fall of Agawam Hunt Club—The Rise and Fall of Agawam Hunt Club

NEW: Former Rep. Palumbo Arrested for Embezzling from Campaign Account—NEW: Former Rep. Palumbo Arrested on Embezzling from…

Artist Umberto Crenca Opens Pop-Up Exhibit in Downtown Providence—Artist Umberto Crenca Opens Pop-Up Exhibit in Downtown…

PawSox Owners Poised for Another Ask for Public Subsidies - This Time in Pawtucket—PawSox Owners Poised for Another Ask for Public…

Number of Employed in RI Falls in December—Number of Employed in RI Falls in December

Vincent, Akinfalorin, DeBlois to be Inducted into Providence MLK Hall of Fame—Vincent, Akinfalorin, DeBlois to be Inducted into Providence…

Bishop: Our Love Hate Relationship With Amtrak—Bishop: Our Love Hate Relationship With Amtrak

Fecteau: Stop This Frivolous War on Obamacare—Fecteau: Stop This Frivolous War on Obamacare

Guest MINDSETTER™ Sen. Sheehan: Raimondo’s Free Tuition Proposal Makes RI an Educational Leader—Guest MINDSETTER™ Sen. Sheehan: Raimondo's Free Tuition Proposal…

 
 

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.  

Prev Next

#6 Rhode Island

 

Med: $254.87/oz (n=332)

High: $334.55/oz (n=490)
 
Low: $204.34/oz (n=31)
Prev Next

#5 Maine

 

Med: $260.92/oz (n=395)

High: $322.94/oz (n=423)
 
Low: $227.68/oz (n=49)
Prev Next

#4 Connecticut

 

Med:  $275.19/oz (n=1204)

High:  $353.65/oz (n=1210)
 
Low:  $261.74/oz (n=88)
Prev Next

#3 Massachusetts

 

Med:  $297.83/oz (n=2305)

High:  $359.88/oz (n=2705)
 
Low:  $215.93/oz (n=208)
 
Prev Next

#2 New Hampshire

 

Med: $313.01/oz (n=410)

High: $377.02/oz (n=399)
 
Low: $608.01/oz (n=34)
Prev Next

#1 Vermont

 

Med: $325.34/oz (n=209)

High: $380.48/oz (n=262)
 
Low: $187.06/oz (n=24)
 
 

Related Articles

 

Enjoy this post? Share it with others.

 

X

Stay Connected — Free
Daily Email
 
:!