Marijuana Policy Project: Adult-Use Cannabis 'Wise Investment' With $2.7B For States, Towns In 2020; Much More In 2021

As of May 2021, America's adult-use marketplaces collectively generated $7.9 billion in , according to the Marijuana Policy Project (MPP).

The report, which used figures from each legalized , demonstrated how legal cannabis sales enhanced local tax bases and often funded various state services and programs, including social equity, reentry programs, public health initiatives and support for law enforcement.

Signs of the return on investment came not long after Colorado and Washington State legalized cannabis in 2014.

In 2020, Washington brought in approximately $614 million from recreational sales, up from roughly $159 million …

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