How to Spend Pot Taxes is Key Question for States: Panel

Whenever a state explores legalizing cannabis, revenue from pot taxes is usually among the first considerations. Instead of focusing on how much can be brought in from cannabis taxes, however, that conversation needs to turn to how those funds are spent, according to several industry insiders.

The industry’s growth, combined with larger societal shifts – brought on this year by a pandemic, economic turmoil and social unrest – has made it important to ensure that pot tax revenue is spent in a fair and equitable way, according to a panel of industry advocates, lawmakers and analysts who discussed . . .