By the Numbers. Revenue from Legalized Marijuana in Pennsylvania + 2 Local Taxes
Pennsylvania State Auditor released the following estimates on revenue from legalized marijuana:
- 800,000 regular users with estimated per person spending of $2,100 a year
- retail market of $1.7 billion
- $581 Million in annual revenue for PA
- 56% of Pennsylvanias support legalization
- based on a tax on the growth, cultivation and sale of marijuana at 35%
- Allegheny and Philadelphia counties were allowed to add 1-2% local tax, they could collect an additional $3.8 million and $6.9 million
Cumberlink Sentinel | Auditor sees state tax windfall if marijuana is legalized