Marijuana industry will add nearly $100 billion to US economy in 2022
Apr 13, 2022
Marijuana industry will add nearly $100 billion to US economy in 2022
When considering whether to approve a regulated marijuana industry, advocates often tout the broader economic benefits of the additional tax revenue created. But the beneficial impact exceeds just tax dollars. The total U.S. economic impact from marijuana sales in 2022 is expected to reach $99 billion – up more than 20% from last year – and upwards of $155 billion in 2026, according to analysis from the newly published MJBiz Factbook.
Share This Story, Choose Your Platform!
Recent Articles
President Biden has expanded cannabi s pardons with a new proclamation covering offenses on federal property.
Under the Cannabis Reform Act, counties have broad flexibility in determining how to allocate the funds, including working with local organizations to support marginalized communities.
The Office of Social Equity has issu ed the Community Reinvestment and Repair Fund Survey Results Report on how communities want to see cannabis tax revenue allocated.
Website powered by Neon One | ©2023 All Rights Reserved | Maryland Wholesale Cannabis Trade Association