Friday - April 26, 2019
Report: Retail Cannabis Tax Revenues Surpass $1 Billion in 2018
February 07, 2019
WASHINGTON, Feb. 7 -- The National Organization for the Reform of Marijuana Laws issued the following news release:

State and local excise tax collections on retail adult-use cannabis sales surpassed $1 billion in 2018 -- a 57 percent increase over 2017 levels, according to data compiled by the Institute on Taxation and Economic Policy.

Annual excise tax revenues on adult-use cannabis sales ($1.04 billion) rivaled those for all forms of alcohol $(1.16 billion), the grou . . .

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