Cannabis Excise Tax Revenue Outpacing Alcohol in 7 States

And yet tobacco remains the leader of the sin tax pack in the U.S.

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Eric Sandy
April 26, 2022

With nearly $3 billion in adult-use cannabis excise tax revenue accrued in 2021, business is certainly booming. To underscore the point, cannabis excise tax revenue eclipsed alcohol excise tax revenue last year, according to the Institute on Taxation and Economic Policy.  

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