States Have Generated Over $15 Billion In Marijuana Tax Revenue Since 2014, Though Earnings Declined Last Year, Report Finds


States have collectively generated more than $15 billion in adult-use marijuana tax revenue from 2014 to 2022, a new report published on Monday by the Marijuana Policy Project (MPP) found. But while legal states saw about $3.8 billion in cannabis tax dollars in 2022 alone, it represented the first time that revenue was lower than the prior year, which experts attribute to a “multitude of factors,” including COVID-related policies and trends…

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