Moody’s: WA Rec Sales Could Fall Short of Projections

420Patients.com is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends mmjbusinessdaily.com

Initial recreational cannabis sales in Washington State could fall “well short” of expectations due to high tax rates, competition from medical marijuana and delays in the licensing process, according to an updated outlook by Moody’s Investors Service. As a result, the state’s total tax and licensing revenues from retail marijuana will likely be far lower […]

Moody’s: WA Rec Sales Could Fall Short of Projections is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Leave a Reply

Skip to toolbar