On Friday, more than 40 state lawmakers in Maine co-signed a memo authored by State Representative Diane Russell that was delivered to the Appropriations & Financial Affairs Committee. The memo encouraged the committee to keep all options on the table in their upcoming financial deliberations, including potential tax revenue derived from an adult, non-medical market for marijuana.
“All options should be on the table,” Rep. Russell stated in the memo, “In this spirit, we propose committee members give serious consideration to the revenue options associated with legalizing, taxing and regulating cannabis for responsible adult use.”
The memo was signed by prominent elected officials in the state including Majority Leader Troy Jackson (D-Allagash), House Majority Leader Seth Berry (D-Bowdoinham), Minority Whip Alex Willette (R-Mapleton), and House Health and Human Services Committee Chairman Richard Farnsworth, D-Portland.
In 2013, the Maine House of Representatives fell just four votes short of approving a measure introduced by Rep. Russell which would have placed the issue of marijuana legalization before voters during the fall elections.
Last week, initial tax revenue estimates for the sales tax on recreational marijuana in Colorado were estimated to be just shy of 100 million dollars, far higher than the initial 70 million dollar estimate given to voters in 2012.