Cannabis Tax Revenue in Arizona Blooming
Summary by Arizona Marijuana
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Cannabis Tax Revenue in Arizona Blooming
Arizonans approved an initiative regulating marijuana for adult-use in November 2020. Recreational marijuana sales at dispensaries began less than four months later in January 2021. Arizona’s cannabis sales and tax revenues started out stronger than most states. Recreational cannabis sales surpassed $1 billion in both 2023 and 2024. Last year, Arizona brought in over $253 million in excise taxes and transaction privilege taxes on recreational ca…
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