Cannabis sales generated $3.7B in tax revenue in 2021 – Financial Regulation News

The legalization and regulation of cannabis for adults has generated billions of dollars in tax revenue, funded important services and programs at the state level, and created thousands of jobs across the country.

Since 2014 since Colorado and Washington first legalized cannabis, states reported a combined total of $11.2 billion in tax revenue from legal, adult-use cannabis sales.

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