Categories: aggregated

The Answer is $10,400,000,000 – The Question is How Much Tax Revenue Has Been Collected from Legal Marijuana Sales in America?

Great financial report from Marijuana Policy Project on the total amount of tax revenue EVER collected from legal marijuana sales in America since 2014, or basically since Colorado started the whole ball of wax in 2014.  The $10.4 billion in state tax revenue is stunning when consider only a handful of states were collecting tax revenue from 2014 to almost 2019.  Add in the slow rollouts in many states like Massachusetts, and the lack of sales in highly populated states like Florida and New York, and you realize that number could be double if things had moved faster on the policy side.

Jason

Share
Published by
Jason

Recent Posts

Former New York Knick Iman Shumpert debuts legal cannabis brand with Glenmere Farms

The NBA champion and New York Knick will premier his new flower brand at Torches…

2 days ago

How New York pot pioneers made it to legal dispensary shelves

By: LMC Legacy to licensed is the motto for authentic New York brands entering the…

2 days ago

Vladimir Bautista is leading Happy Munkey’s legacy-to-legal takeover

Vlad Bautista began his cannabis empire in Harlem's Sugar Hill. Nearly 30 years later, his…

2 days ago

Scientists Now Think That One Compound in the Cannabis Plant Can Replace All Opiates

Cannabis terpenes are the compounds responsible for the aromatic profile of each strain; they are…

2 days ago

Cannabis and the Authoritarian State – Why Legalizing Cannabis Is Not on the Horizon

Authoritarians cannot let go of the value that keeping the most widely used illicit substance…

3 days ago