• Marijuana legalization could inject over $130 billion into US tax coffers by 2025 - if the Trump administration stays hands-off

    5 monthes ago - By Chron

    Thomson Reuters
    A report from New Frontier Data estimates the cannabis industry could generate $131.8 billion in federal tax revenue and add 1.1 million jobs by 2025 if it's legalized for adult use in all 50 states.
    If the US were to legalize cannabis federally today, it would add 782,000 jobs to the economy, according to the study.
    The country could be leaving billions in tax revenue on the table if it keeps the status quo patchwork of state laws , rather than coherent federal regulations.
    Marijuana legalization could create $132 billion in federal tax revenue and inject over a million...
    Read more ...

     

  • Marijuana legalization could inject over $130 billion into US tax coffers by 2025 - if the Trump administration stays hands-off

    Marijuana legalization could inject over $130 billion into US tax coffers by 2025 - if the Trump administration stays hands-off

    5 monthes ago - By Business Insider

    A report from New Frontier Data estimates the cannabis industry could generate $131.8 billion in federal tax revenue and add 1.1 million jobs by 2025 if it's legalized for adult use in all 50 states.
    If the US were to legalize cannabis federally today, it would add 782,000 jobs to the economy, according to the study.
    The country could be leaving billions in tax revenue on the table if it keeps the status quo patchwork of state laws , rather than coherent federal regulations.
    Marijuana legalization could create $132 billion in federal tax revenue and inject over a million jobs into the US...
    Read more ...