The Tax Foundation: States Projected to Post Higher Marijuana Revenues in 2021
Cannabis Law Report
AUGUST 4, 2021
Taxes play a crucial role in the success of marijuana reform, as competitive prices in a licensed market are key to convert illicit consumption to the legal market. In 2021 alone, four states (Connecticut, New Mexico, New York, and Virginia) have passed bills to legalize. In total, states with licensed markets collected $1.7
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