Cost of tax exemption for medical marijuana would be minimal
No need to worry about the hit to general revenues from the Senate’s medical marijuana sales tax exemption. The state’s Revenue Estimating Conference estimated Friday that the bill might reduce tax receipts, but not enough to notice — even when accounting for the non-state residents who would qualify for cannabis cards if the bill becomes law. “We felt like there might be a few snowbirds coming in, but we didn’t think that would be a lot,” said Amy Baker, director…
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