States where weed is legal generated over $3.7 billion in cannabis tax revenue from adult-use sales in 2021—a 34% increase in revenue compared to 2020.
A new report reveals some big numbers when it comes to cannabis tax revenue generated from legal weed states, which collected more than $3.7 Billion in 2021. This is a 34% increase when compared to 2020.
The updated report, compiled by the Marijuana Policy Project (MPP) and published on Wednesday, also found that, as of March 2022, legal marijuana has earned over $11.2 Billion in tax revenue since 2014, when marijuana was first legalized in Colorado and Washington.
Original author: Cannabis News