RAND Study Says Legalizing Pot in Vermont Could Mean Big Tax Revenues (The Northfields News)

By NORTHFIELD NEWS STAFF | January 22, 2015

Legalizing recreational marijuana production, distribution and possession in Vermont could generate significant tax revenues, but also involves costs and important decisions about how best to regulate the substance, according to a new RAND Corporation study.

The report makes clear that if Vermont chooses to remove its prohibition on producing and selling marijuana, lawmakers will have many choices to make about who will supply it, who can buy it, if and how it will be taxed, and how it will be regulated.

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