Estimated Tax Revenues from Marijuana Legalization in New York

Estimated Tax Revenues from Marijuana Legalization in New York

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In just the past six years, voters in eight states and the District of Columbia have passed ballot measures to legalize the adult use of marijuana. At least seven more states may follow suit this fall. In total, over half of states have legalized marijuana for medical purposes since California first did so in 1996. This dramatic change in public attitudes is reflective of changes as measured by survey data, with 61% of Americans now supporting lifting the ban on marijuana…

Read the original article: https://comptroller.nyc.gov/reports/estimated-tax-revenues-from-marijuana-legalization-in-new-york/