Throughout the first quarter of 2024, states have reported a mixed general of greater than $20 billion in tax income from prison, adult-use hashish gross sales, consistent with a brand new record from Marijuana Coverage Mission.
Arizona noticed $67,164,023 in hashish gross sales tax income from January thru March 2024. The state’s general tax income from hashish gross sales in 2023 got here to $635,617,878.
Twenty-four states have legalized hashish ownership for adults 21 and older. All however one among them — Virginia — have additionally legalized, regulated, and taxed hashish gross sales. In two legalization states — Delaware and Ohio — gross sales have now not begun but.
In 2023, legalization states generated greater than $4 billion in hashish tax income from adult-use gross sales, which is probably the most income generated through hashish gross sales in one 12 months.
Tax Income in 2023:
• Alaska: $28,097,114
• Arizona: $257,929,322
• California: $1,082,452,368
• Colorado: $256,756,467
• Connecticut: $24,613,367
• Illinois: $552,166,729
• Maine: $35,593,347
• Maryland: roughly $29,880,000
• Massachusetts: $263,488,752
• Michigan: $473,303,560
• Missouri: $105,941,225
• Montana: $51,636,106
• Nevada: $178,135,259
• New Jersey: $45,083,223
• New Mexico: $67,440,312
• New York: roughly $21,000,000
• Rhode Island: $12,621,982
• Oregon: $148,133,667
• Washington: $532,516,060
• Vermont: $21,642,857
• Total Overall: roughly $4,188,431,717
Throughout the first quarter of 2024, states have reported a mixed general of greater than $20 billion in tax income from prison, adult-use hashish gross sales, consistent with a brand new record from Marijuana Coverage Mission.
Arizona noticed $67,164,023 in hashish gross sales tax income from January thru March 2024. The state’s general tax income from hashish gross sales in 2023 got here to $635,617,878.
Twenty-four states have legalized hashish ownership for adults 21 and older. All however one among them — Virginia — have additionally legalized, regulated, and taxed hashish gross sales. In two legalization states — Delaware and Ohio — gross sales have now not begun but.
In 2023, legalization states generated greater than $4 billion in hashish tax income from adult-use gross sales, which is probably the most income generated through hashish gross sales in one 12 months.
Tax Income in 2023:
• Alaska: $28,097,114
• Arizona: $257,929,322
• California: $1,082,452,368
• Colorado: $256,756,467
• Connecticut: $24,613,367
• Illinois: $552,166,729
• Maine: $35,593,347
• Maryland: roughly $29,880,000
• Massachusetts: $263,488,752
• Michigan: $473,303,560
• Missouri: $105,941,225
• Montana: $51,636,106
• Nevada: $178,135,259
• New Jersey: $45,083,223
• New Mexico: $67,440,312
• New York: roughly $21,000,000
• Rhode Island: $12,621,982
• Oregon: $148,133,667
• Washington: $532,516,060
• Vermont: $21,642,857
• Total Overall: roughly $4,188,431,717
