THE RECREATIONAL MARIJUANA LEGISLATION introduced in the General Assembly on March 1 could bring in $20 million annually in state tax revenue, but supporters say the payoff could be much bigger. / PBN FILE PHOTO/MICHAEL SALERNO
State leaders are banking on $18 million to $20 million in additional tax revenue annually if the recently introduced legislation to legalize recreational marijuana is approved, but supporters of legalization say the financial benefits could go far beyond that. The legislation filed on March 1 by Sen. Joshua Miller, D-Cranston, and Rep. Scott A. Slater,…