Marijuana Tax Revenues and Distributions in Recreationally Legal States

Abstract

An area of the law often forgotten regarding marijuana legalization is the tax and revenue portion of the statutory or constitutional legalization. Each state that has legalized recreational use marijuana generates profit for their state. How much profit are these states making? More importantly, how are the tax revenues being distributed? Many Americans' wonder where their tax money goes. For marijuana revenues, the majority of states divide their tax revenues through a required statutory scheme. While if may be tough to find out where your income tax is divided, marijuana tax revenues are much easier to see, legally.

Keywords: marijuana legalization, tax, distribution, revenue, state-by-state, cannabis reform