Recreational cannabis spending is expected to outpace
medical marijuana sales for the first time in 2019, according to a comprehensive new report from Arcview Market Research. (Dispensaries often times have a counter for recreational sales and a counter for medical sales, or the retail shops specialize in one market. Tom Adams, editor in chief of Arcview Market Research, says for medical marijuana patients in states that have since legalized marijuana outright, "their lives have not changed much." By comparison, the recreational marijuana market seems much more lax. The state places a 2.9% sales tax (plus local taxes) on both varieties of marijuana, but it waives the 10% state marijuana tax for patients.
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Action on medical marijuana postponed until Monday in order to perfect bill
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