Cannabis Money: Where Are Tax Dollars From Arizona’s Cannabis Industry Going?

Arizona cannabis companies have already sold more than a billion dollars worth of product in 2023, according to state officials, bringing the state more than $97 million in tax revenue.

Arizona legalized recreational marijuana in 2021, leading to a massive boom in cannabis sales. In 2023 the sales topped $1 billion for the first time.

“I have to tell you, from the era I come from, this is all surprising!” Matthew Blum with Grow Sciences in Phoenix said.

– Read the entire article at 12 News.

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