Recreational Marijuana in Pennsylvania Could Bring in Half a Billion in Taxes, Auditor General Says - NBC 10 Philadelphia

Recreational Marijuana in Pennsylvania Could Bring in Half a Billion in Taxes, Auditor General Says

Auditor General Eugene DePasquale sees state tax windfall if marijuana is legalized in Pennsylvania

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    The Boon Recreational Weed Could Bring to Pennsylvania

    An auditor general's report says Pennsylvania could make hundreds of millions by legalizing marijuana for recreational use.

    (Published Friday, July 20, 2018)

    Pennsylvania's elected fiscal watchdog says legalizing and taxing the sale and use of marijuana at 35 percent could add more than a half-billion dollars to state coffers.

    Auditor General Eugene DePasquale released an analysis on "Regulating & Taxing Marijuana" Thursday that said there are about 800,000 regular users of the drug in the state.

    DePasquale, a Democrat, says the retail market could be about $1.7 billion, based on studies in other states that indicate adult users typically spend about $2,100 a year on marijuana.

    Pennsylvania legalized medical marijuana in 2016. Possession or sale of the drug for other purposes remains a crime, although Philadelphia, Pittsburgh and several other Pennsylvania cities have decriminalized the possession of small amounts of marijuana.

    DePasquale says nearly 21,000 adults were charged last year with low-level marijuana offenses.