Maine Officials Expect Delay in Opening of Recreational Pot Market
According to reports in local media, the Maine state legislature's revenue forecasting committee is estimating that sales of recreational marijuana will begin in June, not this month as previously expected.
A three-month delay will mean less take in tax money for the state. Maine has lowered its forecast for tax monies from recreational marijuana to $500,000 for the current fiscal year (2020), which ends on June 30. Its previous forecast, assuming a March launch, was $2.2 million.
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Source Fool.com
