Special Report
Potential Marijuana Tax Revenue in Every State
September 20, 2016 6:09 am
Last Updated: January 13, 2020 3:24 am
Source: Thinkstock
21. Massachusetts
> Potential pot tax revenue: $187 million
> Total state tax revenue: $25.24 billion (9th highest)
> Marijuana use rate: 12.0% of adults (8th highest)
> Likelihood of legalizing: High
Source: Thinkstock
22. Michigan
> Potential pot tax revenue: $273 million
> Total state tax revenue: $24.80 billion (10th highest)
> Marijuana use rate: 10.4% of adults (10th highest)
> Likelihood of legalizing: High
Source: Thinkstock
23. Minnesota
> Potential pot tax revenue: $151 million
> Total state tax revenue: $23.13 billion (12th highest)
> Marijuana use rate: 7.3% of adults (25th lowest)
> Likelihood of legalizing: Medium
Source: Thinkstock
24. Mississippi
> Potential pot tax revenue: $82 million
> Total state tax revenue: $7.57 billion (19th lowest)
> Marijuana use rate: 5.9% of adults (8th lowest)
> Likelihood of legalizing: Medium
24/7 Wall St.
Source: Thinkstock
25. Missouri
> Potential pot tax revenue: $167 million
> Total state tax revenue: $11.24 billion (23rd highest)
> Marijuana use rate: 8.1% of adults (19th highest)
> Likelihood of legalizing: Medium
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Editors' Picks
