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Dec 15, 2023 · In 2021, Washington collected $559.5 million of legal marijuana revenue, over $85 million more revenue than 2020. Meanwhile, Colorado collected $423 million of marijuana tax revenue in 2021, up ...
Oct 19, 2022 · In the same way that repealing prohibition helped the country out of the Great Depression, it’s possible that legalizing marijuana could give the economy a much-needed boost before things get that bad again. In the first year after prohibition was repealed, alcohol and other excise taxes brought in $1.35 billion for the government, absolutely ...
Feb 1, 2023 · The legal marijuana industry generated $7.2 billion in economic activity in 2016, and added millions of dollars in federal taxes paid by cannabis businesses. A study on adult-use marijuana in Nevada projected $7.5 billion in economic activity over the first seven years of legalization in that state, including $1.7 billion in labor income.
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Sep 29, 2023 · We analyze the effects of legalizing recreational marijuana on state economic and social outcomes (2000–20) using difference-in-differences estimation robust to staggered timing and heterogeneity of treatment. We find moderate economic gains accompanied by some social costs.
Mar 16, 2021 · The price of getting high has stayed high. In California, for example, the price of marijuana actually increased after legalization, before leveling off at about $260 an ounce. Before full ...
- Greg Rosalsky
Jun 21, 2022 · The two economists from the University of California, Davis’s Department of Agricultural and Resource Economics found that the future of the legal cannabis business, hampered by regulation ...
May 18, 2020 · Marijuana is treated differently among the seven states that are part of the Eighth Federal Reserve District: 5. Three states (Illinois, Missouri and Mississippi) have decriminalized personal possession of marijuana to some degree. Three states (Arkansas, Illinois and Missouri) currently have or will have medical marijuana programs in 2020.
