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Alcohol Tax Revenue


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According to the Marijuana Policy Group, growth in Colorado’s cannabis market will plateau by 2020, and year-to-year growth will look more like the alcohol industry’s (2-percent to 5-percent growth per year). The same theory applies to Washington state’s market, meaning these exponential increases in revenue will quickly level out as the industry matures.
Source: Colorado Department of Revenue, Washington Department of Revenue
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$2.13

What each dollar spent on marijuana cultivation generates for Colorado’s economy.

Source: Marijuana Policy Group ‘Economic Impact of Marijuana Legalization in Colorado’

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164%

Amount by which Washington’s adult-use cannabis tax revenue grew between FY2014-2015 and FY2015-2016.

Source: Cannabis Business Times




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$22.6 billion

Estimated size of Canada’s recreational cannabis market, which is expected to become federally legalized in the near future.

Source: Deloitte




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63%

The portion of Colorado marijuana tax revenue distributions made to the Department of Education ($138.3 million of total tax revenue distributions of $220.8 million from FY 2015-16 and FY 2016-17).

Source: Letter from Colorado Reps. Jonathan Singer and Millie Hamner, and state Sen. Pat Steadman to Arizonans for Responsible Drug Policy




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3

Number of medical marijuana license applicants who are suing Maryland over a lack of racial diversity.

Source: Washington Post

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