Gov. Josh Shapiro has recreational cannabis on his mind, though legalization advocates worry the tax rate could be too high. Details remain scant, but the governor’s proposed budget includes an adult-use cannabis tax in the form of a 20% wholesale tax, assuming that sales would begin in January 2025. The commonwealth would then realize revenues starting in fiscal year 2024-25. The budget estimates that Pennsylvania would harvest $16 million in 2024-25, growing to $189 million annually by 2027-28.
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