States With Legal Recreational Marijuana Made 2.7 Billion In Tax Revenue Last Year Report Finds
MPP, a pro-legalization organization, found states made a combined total of $7.9 billion in tax revenue from recreational marijuana since sales began in 2014—with $2.7 billion in tax revenue reported in 2020. California, which legalized recreational cannabis in 2016, made more than $1 billion in tax revenue in 2020, the report said. “Legalizing cannabis for adults has proven to be a wise investment,” Jared Moffat, the state campaigns manager at MPP, said in a statement on Tuesday....