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Search results with tag "The marijuana regulation and taxation act"
The Marijuana Regulation and Taxation Act: A Summary
www.nysac.orgIn the first year of legalization, New York State expects to receive $20 million in revenue from licensing fees. When the MRTA is fully implemented, the State projects $360 million in annual state revenue and $75 million for local governments. The legislation establishes a Cannabis Revenue Fund and two additional sub-funds (known as the Community