Legal California cannabis could deliver $1 billion in pot taxes. Here’s how they’ll spend it
Its estimated that legalized recreational marijuana in California will deliver $1 billion in sales tax revenues annually to the state.
Some of the target sources for the funds include research on the impacts on legalization, the development of roadside protocols to determine marijuana impairment, drug use prevention and treatment, programs for at-risk youth, law enforcement and waterways restoration.
Whats missing from that list schools and public infrastructure have emerged as points of contention, says Brooke Edwards Staggs, a marijuana for the Orange County Register in California.
Staggs joins The Cannabist Show to discuss California marijuana taxes with The Cannabists editor-in-chief, Ricardo Baca.
None of the money specifically goes toward that, she says. Theres obviously opportunity for local cities, if they impose their own taxes or if they have a boost in regular sales tax, to get that money back to do some of those kinds of things; but its not like a ...
