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US OH: Ohio Report: State Will Make at Least $133m Off Legal

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URL: http://www.mapinc.org/drugnews/v15/n555/a07.html
Newshawk: http://www.drugsense.org/donate.htm
Webpage: http://drugsense.org/url/IoTcDvZu
Pubdate: Fri, 02 Oct 2015
Source: Cincinnati Enquirer (OH)
Copyright: 2015 The Cincinnati Enquirer
Contact: http://drugsense.org/url/aeNtfDqb
Website: http://www.cincinnati.com/
Details: http://www.mapinc.org/media/86
Author: Anne Saker

OHIO REPORT: STATE WILL MAKE AT LEAST $133M OFF LEGAL POT

The State Estimates Far Less in Tax Revenue Than Responsibleohio, but It Adds a Lot of Ifs About Its Own Calculations

The state issued a rough estimate Friday of how much tax revenue a legal marijuana market in Ohio would raise, predicting that a full year of operation could bring in between $133 million and $293.3 million.

Those figures are far lower than the $553 million estimated by ResponsibleOhio, the private investor group backing the legalization initiative, called Issue 3.

[Remainder snipped]



MAP posted-by: Jay Bergstrom

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