Rhode Island Gov. Gina Raimondo recently estimated that if The Ocean State legalizes recreational marijuana, it could generate between $10 to $15 million in revenue during its first year.
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As Massachusetts residents prepare to vote on marijuana legalization, the governor of neighboring Rhode Island is considering the next move for her state’s pot policy, which already allows medical marijuana. If Massachusetts legalizes, Rhode Island will have to look at the issue “harder and faster.”
The emergency is this: state officials fear that if they cut off the caregiver supply to the dispensaries without giving enough time for a seamless transition to the licensed cultivators, prices could skyrocket, driving patients further to the black market.