Revenue analysts in California, Colorado, Oregon and Washington expect marijuana tax collections to level out or slightly rebound this fiscal year after about two years of steep decline — potentially meaning more money for schools, child care, drug treatment programs and other services.
Analysts also see a stabilization of prices, which fell in recent years as growers produced more weed than dispensaries could sell. As the market rebalances, prices should rise and nudge tax collections up, they say.
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