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As Towns Ban Pot, States Withhold Legalization's Profits

October 15th, 2017
Categories: News

Link: http://www.governing.com/topics/finance/gov-states-withhold-pot-revenue-cities-ban-marijuana.html

Oregon has already started keeping marijuana tax revenue from localities that effectively ban the substance. California plans to withhold pot-funded law enforcement and health grants from places with a commercial marijuana ban. And now, an effort is underway in Massachusetts to reduce the amount of money that cities and towns with bans and other restrictions on operations get from the state’s 17 percent tax on marijuana sales. Massachusetts was one of four states that legalized recreational marijuana by popular vote last year. The 2016 election season doubled the number of states with legal weed to eight plus the District of Columbia. The drug is now legal in Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon and Washington state.

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