US EditionRevenue deficit raises questions about growth of cannabis dispensaries
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Revenue deficit raises questions about growth of cannabis dispensaries
The budding cannabis dispensaries in the City of Peekskill may have room to blossom, but it is too soon to say. During a first-quarter 2025 budget review at the April 21 Committee of the Whole, Comptroller Toni Tracy said that first-quarter tax revenue from cannabis sales was lower than expected, and therefore estimated the total yearly tax revenue will also be lower than anticipated. For 2025, she projected a shortage of about $422,000, indicat…
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