Posted on 03/06/2017 5:26:22 PM PST by 2ndDivisionVet
HARRISBURG (March 6, 2017) – Auditor General Eugene DePasquale said today Pennsylvania should strongly consider regulating and taxing marijuana to benefit from a booming industry expected to be worth $20 billion and employ more than 280,000 in the next decade.
“The regulation and taxation of the marijuana train has rumbled out of the station, and it is time to add a stop in the Commonwealth of Pennsylvania,” DePasquale said during a news conference at the state capitol.
“I make this recommendation because it is a more sane policy to deal with a critical issue facing the state. Other states are already taking advantage of the opportunity for massive job creation and savings from reduced arrests and criminal prosecutions. In addition, it would generate hundreds of millions of dollars each year that could help tackle Pennsylvania’s budget problems.”
DePasquale said Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon and Washington have all regulated and taxed marijuana in recent years. Washington, DC has legalized marijuana, but does not yet have retail sales. Other states are considering regulating and taxing marijuana, including Delaware, New Jersey and Maryland.
In 2012, Colorado voters approved legalizing, regulating and taxing marijuana. Last year, Colorado – which has less than half the population of Pennsylvania – brought in $129 million in tax revenue on $1 billion in marijuana sales from the new industry that had already created an estimated 18,000 jobs.
“The revenue that could be generated would help address Pennsylvania’s revenue and spending issue. But there is more to this than simply tax dollars and jobs,” DePasquale said. “There is also social impact, specifically related to arrests, and the personal, emotional, and financial devastation that may result from such arrests.”
In Colorado’s experience, after regulation and taxation of marijuana, the total number of marijuana arrests decreased by nearly half between 2012 and 2014, from nearly 13,000 arrests to 7,000 arrests. Marijuana possession arrests, which make up the majority of all marijuana arrests, were nearly cut in half, down 47 percent, and marijuana sales arrests decreased by 24 percent.
“All told, this decrease in arrest numbers represent thousands of people who would otherwise have blemished records that could prevent them from obtaining future employment or even housing,” DePasquale said. “Decriminalization also generates millions in savings from fewer arrests and prosecutions.”
DePasquale said Pennsylvania has already benefited by some cities decriminalizing marijuana.
In Philadelphia, marijuana arrests went from 2,843 in 2014 to 969 in 2016. Based on a recent study, the RAND Corporation estimated the cost for each marijuana arrest and prosecution is approximately $2,200. Using those figures, that’s a savings of more than $4.1 million in one Pennsylvania city.
Last year, York, Dauphin, Chester, Delaware, Bucks and Montgomery counties each had more arrests for small amounts of marijuana than Philadelphia. Those counties had between 800 and 1,400 arrests in 2015.
“Obviously, regulation and taxation of marijuana is not something that should be entered into lightly,” DePasquale said. “Should Pennsylvania join the growing number of states benefiting financially and socially from the taxation and regulation of marijuana; there are many things to consider, including details about age limits, regulatory oversight, licensing, grow policies, sale and use locations, and possession limitations.
“As I said earlier, the train has indeed left the station on the regulation and taxation of marijuana,” DePasquale said. “It is time for this commonwealth to seriously consider this opportunity to generate hundreds of millions of dollars in new revenue.”
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It’s medicine.
It should be free.
Everyone should be required to grow some and then provide it for free to the tokers.
They should consult Colorado law enforcement— the accompanying increase in crime from “legal” taxed pot— more than overrides the taxes brought in. And, to double down— the street price is basically tracking with the “clinics” minus the tax... so guess who else the “suppliers” also supply— the street underground, which is shielded by the govt. This is not comparable to moonshine vs. bonded booze. And very foolish to “give in” to the tax revenue temptation vs. cultural degradation... in order to expand the govt. and tax supported ever increasing services and the lobbying of SEIU, AFSCME and other govt. unions. Foolish.
Cannabis is medicine for many folks, including myself.
It should be legal to have & grow & to share with legal adults if the owner wishes.
Not everyone who uses cannabis as medicine is a “toker”.
If Pennsylvania’s citizens want to decriminalize cannabis & regulate it like booze & tobacco then they should vote for it or encourage their state gov’t to do so legislatively. The state saves a fortune on numerous expenses & have a steady revenue stream from cannabis sales.
Looks like a win/win to me.
Me too, man.
I have pernicious dandruff.
Everyone should grow it and give it away.
Free love and free pot, man.
The government should not be involved in any way.
You got any free stuff you want to share?
Nice troll.
No, man, really, you got any free stuff?
Free: your posts - and worth every penny.
No, really, man, you got any free stuff? I’m tapped out and I’m feeling sick.
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