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US states have reported over $25B in tax revenue from recreational cannabis sales and medical marijuana.

Findings

Additional insights we found via The Motley Fool

  1. Colorado and Washington became the first states to allow the sale of cannabis products in 2014.

  2. Since then, many more states have legalized marijuana in some capacity—and it's been a boon for state budgets.

  3. About halfway through 2026, states had already reported $27B in tax revenue from recreational cannabis sales and medical marijuana sales for the year.

  4. California, the state with the most marijuana tax revenue, now regularly collects more than $1B related to the substance.

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