$5,700,000,000 in Just 18 Months – States Hit the Jackpot Collecting Marijuana Tax Revenue

The U.S. Census Bureau recently unveiled its inaugural report on state-level marijuana tax revenue data, marking a significant milestone in its approach to the cannabis industry. This report follows a comprehensive survey of all state agencies from July 2021. The data, spanning 18 months until the close of 2022, reveals that states generated over $5.7 billion from licensed cannabis sales.