Categories: aggregated

Hawaii Says They Won’t Make Enough Tax Revenue to Cover the Costs Associated with a Recreational Cannabis Market

Based on a recent report from the agency, the state of Hawaii’s Tax Department estimates that legalizing cannabis for adult use would bring in about $50 million in tax revenue annually, a significant increase over the $2.5 million in medicinal cannabis taxes gathered over the previous fiscal year. The costs of putting the legality of marijuana for recreational use, however, won’t be covered, according to a state senator, with the taxes that are collected.

Jason

Share
Published by
Jason

Recent Posts

The Red Wall Blocking Marijuana Legalization in America, Real or Imagined?

As the movement for marijuana legalization gains momentum across the United States, a significant barrier…

23 hours ago

Autoimmune Conditions Are Rising Fast in American Medicine, Can Cannabis Help?

Conventional treatments prescribed to treat autoimmune conditions are focused on taming inflammation; these usually include…

23 hours ago

Ohio Non-Medical Cannabis is available at Verilife

Verilife Non-Medical Cannabis is now available in Ohio. Open to customers 21+ with a valid…

2 days ago

Find Verilife in New York

At Verilife, there's always a stocked selection of top products & new favorites. Find the…

2 days ago

Find Verilife in Illinois

At Verilife, there's always a stocked selection of top products & new favorites. Find the…

2 days ago