Cannabis tax revenue

Cannabis tax revenue refers to the money collected by governments from taxes imposed on the sale of marijuana. As more places legalize cannabis for medical and recreational use, states and municipalities tax its sales similarly to alcohol or tobacco. This revenue can significantly boost public funds, helping finance education, healthcare, infrastructure, and drug rehabilitation programs. The amount collected varies by location and is often influenced by the tax rate, market demand, and the legal framework surrounding cannabis. These funds can contribute to economic growth while addressing the social impacts of cannabis use.