NUGS - 420 with CNW - Report Finds That Recreational Cannabis Generated More Than $3.7B in Tax Revenue
A recent report shows that last year states which had legalized cannabis for adult-use cumulatively raked in more than $3.7 billion in tax revenue from recreational marijuana sales. This report follows up on an analysis the Marijuana Policy Project released at the start of this year, which examined the total adult-use marijuana tax revenue collected by all the states that have legalized cannabis since recreational sales began in Washington State and Colorado. The organization stated that the total tax revenue generated since recreational sales began in 2014 until March of this year was about $11.2 billion.
Toi Hutchinson, CEO and president of the Marijuana Policy Project, stated that this report offered...
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