Pennsylvania governor makes budget pitch for legalizing recreational cannabis

Premium CBD Products


CBD 20% Discount

Pennsylvania Gov. Tom Wolf, as expected, has made legalizing recreational cannabis one of his administration’s top legislative priorities this year.

Wolf highlighted recreational marijuana in his budget proposal Wednesday and mentioned the urgency given adult-use legalization in neighboring New Jersey and the legalization push in New York.

“Now as our neighbors move toward legalizing recreational marijuana, we cannot afford to be left behind,” Wolf said in a news release laying out his legislative plan.

The plan didn’t provide licensing details.

But it did note that part of the revenue generated from legalization would be used for grants to support historically disadvantaged small businesses.

Marijuana Business Daily projects that an adult-use market in Pennsylvania would generate $800 million in sales in the program’s first full year and $1.8 billion in annual sales by the fourth year.

Pennsylvania’s Republican-controlled Senate is seen as the biggest obstacle to legalization.

Wolf, a Democrat, emphasized the issue’s bipartisan support among residents and the bipartisan support that occurred when Pennsylvania lawmakers legalized medical cannabis in 2016.

Pennsylvania’s MMJ market, by most accounts, has been a success since sales began in 2018, which could help persuade lawmakers to pass a recreational marijuana program.

Originally Published on 2021 02 03 by Jeff Smith | Marijuana Business Daily


Thank you for joining us today for our latest news post. If you have any questions or comments about this post, we’d love to hear from you in the comments! Join the FindHempCBD.com newsletter to stay up to date on the latest Industry News and keep an eye out for our next news article!


Disclaimer: This content was sourced from Marijuana Business Daily and republished to our website to add value and additional content for our readers. In order to maintain the safety, functionality, and integrity of FindHempCBD.com, the sourced content may have been altered. To access the original content, please click the link below:
https://mjbizdaily.com/pennsylvania-governor-makes-budget-pitch-for-legalizing-recreational-cannabis/

Pin It on Pinterest

Share This

Share this post with your friends!