Home Medical Marijuana States Generated Nearly $9 Billion in Cannabis-Related Tax Revenue Since 2021

States Generated Nearly $9 Billion in Cannabis-Related Tax Revenue Since 2021

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States that have legalized the sale of cannabis for either medical or adult-use have collected more than $8.7 billion in marijuana-related taxes since 2021, according to calculations compiled by the federal government. The analysis includes tax revenue estimates through the second quarter of this year. However, the report’s authors acknowledge that not all states provided up-to-date data – meaning that the total amount of state taxes collected during this period is likely higher than $8.7…
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