States generate nearly $25 billion in cannabis tax revenue
Since the launch of adult-use cannabis markets in Washington and Colorado in 2014, states across the U.S. have collected nearly…
Tag: tax revenue
D.C. cannabis tax revenue rises but equity fund faces cuts
In April 2025, Washington D.C. recorded a significant increase in medical cannabis sales, reaching $5.46 million. This spike generated approximately…
DEA Claims Cannabis Linked to Mental Health Issues
The Drug Enforcement Administration (DEA) has recently asserted that cannabis may be more likely to induce psychosis than methamphetamine. This…
Pennsylvania could see $2.1 billion from cannabis legalization
A recent analysis indicates that Pennsylvania could generate up to $2.1 billion in tax revenue over five years if it…
Albuquerque funds $750 monthly payments through cannabis tax
Albuquerque, New Mexico has launched a basic income initiative funded by tax revenue from recreational cannabis sales. Starting this month,…