marijuana tax revenue

Marijuana tax revenue refers to the money collected by governments from taxes on the sale of cannabis products. When consumers purchase marijuana legally, a percentage of the sale price is paid in taxes. This revenue benefits public services by funding programs such as education, healthcare, and infrastructure. The amount collected varies depending on tax rates and sales volume, providing a new stream of income for states or municipalities that have legalized cannabis. Essentially, marijuana tax revenue is the financial contribution from legal cannabis sales that supports community needs and public initiatives.