Sad trombone: This newly legalized state won’t reap pot taxes next year

Massachusetts officials aren’t expecting any quick financial windfall from the state’s new recreational marijuana law.

State Treasurer Deb Goldberg and Revenue Commissioner Michael Heffernan told lawmakers at a budget hearing on Monday not to anticipate any revenues from recreational marijuana sales or licensing in the fiscal year that starts July 1, 2017.

 

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Source: Sad trombone: This newly legalized state won’t reap pot taxes next year