Since the dawn of legal adult-use marijuana markets in 2014, U.S. states have collectively generated nearly $25 billion in tax revenue from cannabis sales, marking a transformative milestone in the nation’s approach to cannabis policy and public finance. A recent report by the Marijuana Policy Project (MPP) reveals that in 2024 alone, states with legalized adult-use cannabis collected more than $4.4 billion in tax revenue—the highest annual total recorded to date.
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