Worcester County communities collected a significant $6.4 million in cannabis taxes last year, following the legalization of recreational cannabis in Massachusetts. In November 2016, residents in 48 out of 60 municipalities voted to legalize cannabis for recreational use. This decision has led to a growing market that benefits local economies.
Among the municipalities, border communities have seen particular financial benefits from cannabis sales. The tax revenue generated has provided a new financial windfall, allowing these towns to invest in various local projects and services. The data shows that cannabis tax collections have been steadily increasing as more dispensaries open and sales grow.
Local officials are optimistic about the continued impact of cannabis on their budgets. They believe that this revenue can help fund essential services, infrastructure improvements, and community programs. Cannabis tax revenue is expected to play a crucial role in the region’s economic recovery and growth moving forward.
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