The Tax Foundation: States Projected to Post Higher Marijuana Revenues in 2021
Cannabis Law Report
AUGUST 4, 2021
In 2021 alone, four states (Connecticut, New Mexico, New York, and Virginia) have passed bills to legalize. Most of those states also apply their general sales tax to cannabis sales, and some allow localities to levy additional taxes. In total, states with licensed markets collected $1.7 Projected Revenue FY 2021.
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