Twenty-two states have passed laws to legalize cannabis possession for adults 21 and older. All but two of them, Maryland and Virginia, have also legalized, regulated, and taxed cannabis sales. Several other states are building strong momentum to legalize adult-use cannabis in 2023, including Minnesota, New Hampshire, and Ohio.
2022 State-by-State Totals:
• Alaska: $28,649,408
• Arizona: $223,863,799
• California: $1,074,560,287
• Colorado: $305,034,034
• Illinois: $562,119,019
• Maine: $25,329,534
• Massachusetts: $250,710,415
• Michigan: $326,049,074
• Montana: $41,989,466
• Nevada: $196,952,338
• New Jersey: $20,139,655
• New Mexico: $36,684,235
• Rhode Island: $579,439
• Oregon: $150,316,424
• Washington: $529,443,420
• Vermont: $2,363,000
Year-by-Year Totals:
• 2014: $68,503,980
• 2015: $264,211,871
• 2016: $530,521,110
• 2017: $736,534,982
• 2018: $1,308,693,928
• 2019: $1,749,459,667
• 2020: $2,814,837,199
• 2021: $3,866,974,690
• 2022: $3,774,783,548
CUMULATIVE TOTAL: $15,114,520,975
This story was produced by Benzinga and reviewed and distributed by Stacker Media.
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