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Estimated Tax Revenues from Marijuana Legalization in New York

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This report provides an estimate of the fiscal impact of legalizing adult-use marijuana sales in NY. The estimated legal, adult-use marijuana market of $1.3 billion could conservatively yield annual tax revenues of as much as $1.3 billion total at the State and City levels.

Agency
Subject
Report type
  • Budget / Finance
Date published
  • 2018-05-01
Language
Fiscal year
  • 2018
Calendar year
  • 2018

Items