# @hightimesmagazine on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/CzMgwLSOT-e
- **Gondola URL:** https://gondola.cc/posts/9692424-hightimesmagazine-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/9312509587.jpg
- **Posted:** 2023-11-03T19:23:39.000+00:00
- **Account Owner:** High Times (@hightimesmagazine) — https://gondola.cc/hightimesmagazine

## Caption

Link in Bio. 🗳 The big Ohio vote on #Issue2 is next Tuesday! Obviously, it is not a shocker to learn that adult-use legalization will stimulate the economy. But by how much? How many new jobs? How would the tax revenue be distributed? We've got some answers.

A cost-benefit analysis of the impact of the proposed measure by Scioto Analysis has determined that legalization would generate a "net economic benefit" of $260 million per year, which includes about $190 million in tax revenue based on a 10% tax—the lowest out of any legal state.

It would be split as follows:
• 36% to the Can*abis Social Equity and Jobs Fund.
• 36% to the Host Community Can*abis Fund.
• 25% to the Substance Abuse and Addiction Fun.
• 3% to the Division of Can*abis Control and Tax Commissioner Fund.

As for jobs? “Our models predict that Ohio will add roughly 3,300 new jobs in the first year after legalization,” says the report.
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More details for you at HighTimes.com/news | By a.j.herrington

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issue2

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