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Marijuana Tax Revenue May Top $3 Billion A Year With Legalization Money may not grow on trees, but it apparently does grow on marijuana plants. If all 50 states legalized cannabis today, they'd be collectively raking in more than $3 billion a year in taxes. That's according to NerdWallet, a personal finance site, which forecasts a total $3.1 billion annual windfall for state governments that legalize the popular plant. California would gain the most from legalization. NerdWallet projects the Golden State would generate more than $519 million per year, which th...
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