Wash. pot consultant: Revenue estimate way off

Published March 30, 2013 12:23am ET



SEATTLE (AP) — Estimates of how much money marijuana legalization can bring to the state’s coffers have been way off, Washington’s new marijuana consultant said.

In an interview with public affairs channel TVW aired Thursday, Mark Kleiman said several factors, including competition from the loosely regulated medical marijuana market, illegal sales and high prices for legal pot are likely to affect the demand for the state-approved marijuana.

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