Legalizing Marijuana Would Reap Millions Of Dollars For RI

TThough it’s still several steps away, Assembly members are proposing to eventually tax marijuana retail sales at five percent.

RHODE ISLAND: A report from OpenDoors, a non-profit in Silver Lake that serves those formerly in prison and their families, predicts that the legalization and regulation of marijuana in Rhode Island could generate $21.5 million to $82 million in annual tax revenues. The estimated tax revenue was included in the study,“Estimated Effects of the Tax and Read the full article…

RI Could Become First State To Legalize Pot Without Voter Approval

Chafee discussed the possibility of "pot for potholes" – using marijuana sales revenue for infrastructure improvement – by passing a bill approved by state lawmakers.

RHODE ISLAND:  Governor Lincoln Chafee could become the first governor in America to legalize marijuana without putting the decision to the voters. After attending a meeting of the National Governors Association in Washington, D.C., last week, Chafee discussed the possibility of “pot for potholes” – using marijuana sales revenue for infrastructure improvement – by passing Read the full article…

Chafee Has Open Mind On RI Legalizing, Regulating Marijuana

Chafee spoke to a reporter from Bloomberg News and said that Colorado’s windfall from marijuana sales “opened a lot of eyes,”

RHODE ISLAND:  Governor Chafee attended the National Governors Association this weekend in Washington, D.C. and learned that legalizing and regulating marijuana may be a big source of tax revenue for Rhode Island. Chafee listened to Colorado Gov. John Hickenlooper and discovered that marijuana will generate more than $100 million in tax revenue and regulatory fees Read the full article…

Cannabis Career Institute Comes To Rhode Island

"The marijuana industry is poised to become a multi- billion dollar industry worldwide, and since we have lack of jobs we're seeing a lot of interest."

RHODE ISLAND: Making money off marijuana was the topic at the Cannabis Career Institute seminar held Saturday aimed at talking to those interested in what’s being billed as a growth industry. Robert Calkin, Cannabis Career Institute, told NBC 10 “the marijuana industry is poised to become a multi- billion dollar industry worldwide, and since we have Read the full article…

RI marijuana dispensary wants delivery service

The state's Department of Health announced Wednesday that it is accepting public comment on Greenleaf's proposal before issuing a decision.

RHODE ISLAND: A medical marijuana dispensary in Rhode Island is asking state health regulators for permission to operate a delivery service. In its proposal, Greenleaf Compassionate Care Center of Portsmouth says many patients using medical marijuana are homebound or have difficulties travelling. The center wants to operate daily deliveries in Newport and Bristol counties and deliveries two times Read the full article…