State governments must be loving 4/20 almost as much as Tax Day
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Some states are now seeing more than 1% of their tax revenue from cannabis sales, according to the Census Bureau. Here’s how each state ranks.
If you smell something musky in the air today and see puffs of smoke, don’t be alarmed. Today is 4/20, an unofficial holiday for those who like to partake in marijuana. These days, legal weed is a big business, which brought in over $3 billion in tax revenue for state governments in 2022 alone.