National Marijuana Legalization Would Grow Tax Revenue To $8.5 Billion For All States, Think Tank Estimates In New Taxation ‘Blueprint’

Nationwide marijuana legalization in all states would grow annual cannabis tax revenue to $8.5 billion, according to a new report from a nonprofit think tank that includes a “blueprint” for taxing sales. The Washington, D.C.-based Tax Foundation is proposing a state and federal marijuana tax model that keeps costs relatively low to mitigate illicit sales … Continue reading National Marijuana Legalization Would Grow Tax Revenue To $8.5 Billion For All States, Think Tank Estimates In New Taxation ‘Blueprint’