By 420 Intel on Friday, 20 November 2020
Category: Business & Finance

Rhode Island Considers Legalization to Solve Budget Crisis

 

Will Rhode Island be the next state to legalize cannabis?

Many liberal, New England states have turned to recreational or medical cannabis to bring in some extra revenue, and now, in light of the budget deficit in the state, Rhode Island is talking about legalization as well.  

Currently, the state is projecting a possible $114.4 million deficit in the state’s economy, and analysts are getting worried. In response to that, a Senate Finance Committee in the state is considering Democrat Gina Raimondo’s proposal to allow the sale of cannabis legally within state borders. 

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