... Pioneer report explores higher ed's capacity to prepare students for fintech industry ...... Farley-Bouvier, Lewis to lead 60-member House Progressive Caucus ...... Partners hosting World Medical Innovation Forum in Boston April 8-10 ...... Drug epidemic fuels call for more early intervention services, eligibility changes ...... MCLA announces new certificate program in network security ...... Boston showers 221 arts organizations with $480,000 in grant funds ...... Tobacco, e-cigarette tax increases on to-do list for Cancer Action Network ...... Justice system reforms adding to workload for Turco, public safety secretariat ...... Baker nominates Gregory White for Superior Court ...... Hundreds to gather outside Baker's office to urge him to veto conversion therapy ban bill ...... Warren visiting New Hampshire Saturday and Sunday ...... Liability issues and "enabling addiction" color debate over supervised injection sites, Diehl says ...... Mandated reporter, foster parenting, child marriage bills up for March 26 public hearing ...... DNC scheduled for Milwaukee on July 13-16, 2020, right in middle of last month of formals ...... McMurtry cleared after investigation, appointed without objection as Tourism Committee chairman ...... Conversion therapy ban, cap on kids lift bills now in Senate's court ...... Six years after last transpo $$$ debate, DeLeo says "everything" is on the table ...... Foster care, drug pricing, nursing homes flagged as challenges by HHS Secretary Sudders ...... Education Committee prioritizes education financing bills, sets March 22 public hearing ...... MBTA train riders will see fare hikes July 1, the same date that paid leave payroll taxes begin ...... Democratic Party releases 2020 DNC delegate section plan, vote planned at April 6 meeting ...
Latest Headlines:
House:
ADJOURNED 'til Monday at 11 a.m. (informal)
Senate:
ADJOURNED 'til Monday at 11 a.m.

WITH POT SALES UNDERWAY, STATE BANKING ON WAVE OF NEW TAX $$$

By Colin A. Young
STATE HOUSE NEWS SERVICE

STATE HOUSE, BOSTON, DEC. 5, 2018......State revenue officials are still forecasting that Massachusetts will take in between $44 million and $82 million in marijuana taxes this fiscal year and could bring in as much as $172 million in fiscal year 2020, Revenue Commissioner Christopher Harding told lawmakers on Wednesday.

Adult-use marijuana sales had a "very robust" start, Revenue Commissioner Christopher Harding said at Wednesday's consensus revenue hearing, but he was unsure if sales will remain so strong as additional stores open. [Photo: Sam Doran/SHNS]

The Department of Revenue estimates "should be used with caution for budgeting purposes" because the nascent legal retail market has just launched and consumer trends in cannabis can be unpredictable, he told members of the Joint Ways and Means Committee during a three-hour hearing on likely revenue trends.


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