Legalization started with two small states; it currently generates $3.75B/year in states representing about a third of the country. Notably, New York legalized sales on December 29, 2022, which was too late to generate significant tax revenue; Virginia legalized possession in 2021 but has never legalized sales; NJ legalized in April, NM in April, RI in December, CT in January '23, MO in February '23. So a big chunk of the legal market didn't have a full year of sales last year.
>"The Marijuana Policy Project (MPP) is the number one organization in the U.S. dedicated to legalizing cannabis". So they would likely use any calculations methods that would paint cannabis in a good way.
You can find similar numbers with details from the Motley Fool:
Also, it's questionable whether high usage rates would paint the most optimistic picture of cannabis legalization. If sales are low, then that makes the case for legalization stronger, not weaker, I would think.
>"The Marijuana Policy Project (MPP) is the number one organization in the U.S. dedicated to legalizing cannabis". So they would likely use any calculations methods that would paint cannabis in a good way.
You can find similar numbers with details from the Motley Fool:
https://www.fool.com/research/marijuana-tax-revenue-by-state...
Also, it's questionable whether high usage rates would paint the most optimistic picture of cannabis legalization. If sales are low, then that makes the case for legalization stronger, not weaker, I would think.