South Hadley voters have approved a ban on recreational marijuana sales in town.
Some South Hadley residents told 22News the town is missing out on much-needed revenue and jobs.
After Tuesday’s town elections, no commercial pot shops will open in South Hadley. According to the town clerk’s office more than 1400 people supported the ban, while nearly 1100 opposed it.
No pot sales closes the door on that revenue stream for South Hadley.
“You know there’s a 3 percent excise tax that we could charge on the sale of everything that goes through and we’re missing that opportunity,” said Michael Woziak.
Recreational pot is subject to a total state tax of 17 percent. Plus a 3-percent additional local tax.
State-wide, the Department of Revenue projects taxes on recreational marijuana sales could bring in between $44 to $82 million in the next fiscal year.
Licensed recreational marijuana shops will be able to legally sell recreational marijuana as of July 1, but they wont be opening in South Hadley.