Cannabis sales generated the greatest amount of tax revenue in California (over $1B), followed by Illinois ($578M), Michigan ($524M), and Washington ($516M).
Region: Washington
Under federal law, VA-affiliated doctors are forbidden from authorizing veterans to use medical cannabis, even if they live in jurisdictions where the substance is legal.
The Drug Czar’s office oversees an estimated $44 billion in federal spending.
Throughout his tenure in law enforcement, Cole has taken a hardline approach to marijuana and has expressed support for the ‘Just Say No’ strategies of the 1980s.
“Over a decade into state-level cannabis legalization, the data is unequivocal: Legalization does not increase youth cannabis use.”
Nonetheless, fewer than ten percent of all financial institutions nationwide currently provide services to state-licensed cannabis businesses.
If elected, Harris promises to “work with Congress to ensure that the safe cultivation, distribution, and possession of recreational marijuana is the law of the land.”
States that have legalized the sale of cannabis for either medical or adult-use have collected more than $8.7 billion in marijuana-related taxes since 2021.