Stephanie Price of BusinessofCannabis.com talks about taxes and medical marijuana.
The situation has left the state’s residents travelling to neighbouring Oregon to purchase cannabis, where Ontario has seen a major boom in tax revenues thanks to these visitors – taking $1.8 million in tax revenue in 2020 alone.
This tax is financing public services such as new police positions and emergency response vehicles, and in Idaho, where living costs are rising, residents and organisations believe that legalising cannabis could bring in more revenue.
Speaking to the New York Times, Joe Evans, organiser for Kind Idaho, a group advocating for the legalisation of medical cannabis, said ‘that money should not be leaving the state of Idaho.’