Moody’s: WA Rec Sales Could Fall Short of Projections

Initial recreational cannabis sales in Washington State could fall "well short" of expectations due to high tax rates, competition from medical marijuana and delays in the licensing process, according to an updated outlook by Moody's Investors Service. As a result, the state's total tax and licensing revenues from retail marijuana will likely be far lower […]

Moody’s: WA Rec Sales Could Fall Short of Projections is a post from: Marijuana Business Daily - Legal, Financial and Dispensary News