Pot Sector Cut Off From Federal Pandemic Loans, Turns to States
media mentionPot has boosted state tax revenues in recent years, funding core state initiatives from education to infrastructure to health care.
California collected about $629 million in taxes on cannabis in 2019. Washington raised more tax revenue than any other state in 2019, about $67 per person, according to a study by the Institute on Taxation and Economic Policy. Read more