MJ Biz Article: Marijuana legalization efforts get boost from billions in MJ tax dollars

MJ Biz report

Adult-use marijuana programs are generating billions of dollars in tax revenues for state governments each year – bolstering the economic and equity case for legalization in other markets across the country as well as at the federal level.

The economic argument might particularly resonate among reluctant Republican lawmakers on Capitol Hill, experts say.

States with legal adult-use marijuana markets in operation already have generated nearly $8 billion in tax revenue combined since 2014, including $2.7 billion in 2020, according to a new report by Washington DC-based Marijuana Policy Project (MPP).

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