States have billions to gain from legalizing pot

Posted on 10-20-2014 by
Tags: Trending News & Topics , Drug Law Evolution & The Workplace , trending news

Collectively, State and local governments across the nation stand to gain over $3 billion a year in tax revenues by legalizing the sale of marijuana, according to NerdWallet. By the personal finance website's calculations, which are based in part on data on marijuana use in each state from the Substance Abuse and Mental Health Services Administration, California has the most to gain, $519,287,052, while North Dakota has the least, $4,023,544. 
Sources:, Substance Abuse and Mental Health Services Administration, Tax Foundation, U.S. Census Bureau

If you would like to receive more information similar to the above, sign up for the StateNet Capitol Journal Newsletter.

The above article and image are courtesy of StateNet Capitol Journal.

For More Insight

As drug laws evolve from state to state, employers are put in a Catch 22 that could leave them vulnerable to lawsuits, penalties and many other risks. Your state may say marijuana is legal with a prescription, but your employee handbook is clear: cannabis use is strictly prohibited. 

Join us for a complementary webinar that will explore how employers can comply with conflicting federal, state and local drug laws.

Date: Thursday March 26, 2015

Time: 2 to 3:35 p.m. (EST) (11 a.m. PT)

Duration: 95 minutes

CLE Credits: Earn 1.5 CLE credits

Register Now >>

Your comment has been posted.   Close
Thank you, your comment requires moderation so it may take a while to appear.   Close