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  • Legalized Marijuana Worth $581M A Year in Pennsylvania, Auditor General Says

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    Anonymous arnc2g2N
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    Auditor General Eugene DePasquale on July 19, 2018, said Pennsylvania is missing out on $581 million per year in revenue by not regulating and taxing marijuana.

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    Legalized marijuana worth $581M a year in Pennsylvania, auditor general says

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    Auditor General Eugene DePasquale on July 19, 2018, said Pennsylvania is missing out on $581 million per year in revenue by not regulating and taxing marijuana.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    7K views1 page

    Legalized Marijuana Worth $581M A Year in Pennsylvania, Auditor General Says

    Uploaded by

    Anonymous arnc2g2N
    Auditor General Eugene DePasquale on July 19, 2018, said Pennsylvania is missing out on $581 million per year in revenue by not regulating and taxing marijuana.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    REGULATING & TAXING

    MARIJUANA
    Pa. Auditor General Eugene DePasquale
    says regulating and taxing marijuana in
    Pennsylvania would generate much-
    needed revenue.

    Potential Customers

    9,529,309
    x
    Pennsylvania adults 21 & older

    8.38%

    =
    Pennsylvania adults who
    admit using marijuana

    798,556Pennsylvania adults who will


    likely use marijuana regularly
    Potential Market Size

    x
    798,556 adults

    $2,080

    =
    average annual amount spent per
    user in Colorado & Washington

    $1.66
    billion potential industry size

    Benefit for Pennsylvanians

    x
    $1.66 billion
    35% total taxes charged
    at the state level

    potential annual $581


    state tax revenue:
    MILLION

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