In an interview with public affairs channel TVW on Thursday, consultant Mark Kleiman said several factors like competition from the medical marijuana market, illegal sales and high prices are likely to affect the demand for the planned legal source of marijuana.
Initial estimates said the state could bring more than $400 million a year from the marijuana market.
Kleiman leads the Massachusetts-based BOTEC Analysis Corp., which the state picked this month to help legalization. The voter-approved legalization tasks the state with regulating crops and stores of marijuana.
Kleiman says that if the state sees $100 million in revenue during the first fiscal, it would be a good start.
More Northwest Headlines
Chilling details about Roseburg shooting emerging Viral disease kills deer in Idaho, Washington Trump defends 2nd Amendment following Oregon shootings Oregon pastor’s sermon: ‘This was an attack on all of us’ Shooter’s dad says he had no idea his son had guns Drought destroys Whidbey Island farmer’s pumpkin patch Roseburg sheriff says college gunman committed suicide Man accused of assaulting victim, stealing his pants
Our new comment system is not supported in IE 7. Please upgrade your browser here.