The National Bureau of Economic Research study looked at Washington, where recreational
marijuana sales started in July 2014.
California governments are projected to take in as much as $ 1 billion annually in taxes and fees with recreational
marijuana sales starting this year.
Not exact matches
Here's what you need to know about the
start of legal recreational
marijuana sales in California:
Mr. Blair's comments come as Canada's nascent
marijuana industry balloons, with investor optimism being fueled by analyst estimates that recreational
sales could
start as early as 2018.
Colorado has now collected more than $ 500 million in taxes and fees from legal
marijuana since retail
sales started in 2014, the report found.
The comptroller's office used survey findings and figures from Colorado and Washington, which
started allowing
marijuana sales in 2014, to estimate how many New Yorkers smoke pot regularly, how much they would spend if it's legalized and how much tax revenue those
sales could generate.
This year, the governor signed a bill In 2015 declaring
marijuana sales legal to recreational users from dispensaries
starting October 1st, 2015.