sale of marijuana

All Eyes on the Windfall of Money from Marijuana Following its Legalization

The legalization of marijuana has attracted a lot of interest from different corners of the globe and this includes money flowing in and out of cannabis trade. The aspect of revenue is one of the main factors put into consideration by states before they can even consider legalizing marijuana use. The District of Columbia alongside four states in America has legalized marijuana retail sales through a majority vote. On the same trend, there are 25 other states that have allowed the trade of medical marijuana. Since 2011, the marijuana industry has continued to grow in the United States and in the next few years, a lot will have been achieved. Important Findings about Revenue from Marijuana In states that have seen the rise of marijuana use such as Washington and Colorado, initial estimates have been exceeded. Tax collections from the cannabis industry are seemingly booming and other states can learn from …

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