“As of May 2021, states reported a combined total of $7.9 billion in tax revenue from legal, adult-use marijuana sales. In addition to revenue generated for statewide budgets, cities and towns have also generated hundreds of thousands of dollars in new revenue from local adult-use cannabis taxes.”
“In the United States there are more legal cannabis workers than electrical engineers. There are more legal cannabis workers than EMTs and paramedics. There are more than twice as many legal cannabis workers as dentists.”
The legislation establishes rules and regulations governing a commercial cannabis industry in the state.
Adults will be able to purchase cannabis from select retailers beginning Wednesday, January 1.
After multiple delays, regulators are finally moving forward with draft regulations to implement the state’s 2016 voter-approved initiative legalizing the commercial production and retail sale of marijuana.