Legalizing Marijuana In Pennsylvania Would Generate Almost Half A Billion Dollars In Revenue By 2028 Under Governor’s Plan, State Analysis Finds

Legalizing Marijuana In Pennsylvania Would Generate Almost Half A Billion Dollars In Revenue By 2028 Under Governor’s Plan, State Analysis Finds

Legalizing marijuana in Pennsylvania under the governor's latest budget plan could bring in nearly half a billion dollars in annual revenue by 2028, according to a new analysis from the state's Independent Fiscal Office (IFO) that estimates a significantly larger cash windfall compared to projections from Gov. Josh Shapiro's (D) own office. With a proposed 20 percent wholesale cannabis excise tax, 6 percent state sales tax for retail and licensi…